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    Why Kenneth Andrade loathes crispy consumption and dirt cheap bank stocks

    The soft-spoken Kenneth Andrade is regarded as one of India’s top fund managers, and was touted the ‘Mid-Cap Mogul’ by Forbes in 2011.

    Synopsis

    His PMS portfolio consists of farm-facing, manufacturing & market infrastructure firms.

    Mumbai: Kenneth Andrade is sticking to his long-emphasized strategy of staying away from financials and consumer stocks, and says the recent meltdown has not made the pack attractive enough.For the year to date, equity benchmarks Sensex and Nifty have eroded around one-third of their value. But select consumption stocks such as Hindustan Unilever (HUL) and Nestle India have held their head above water. 75047697That outperformance doesn’t
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    The Economic Times