Sanjay H Parekh, the Founder and Chief Investment Officer of Sohum Asset Managers based in Mumbai, has strategically shifted the fund's focus towards large-cap stocks in response to increasing global macroeconomic challenges. Currently, 82% of the fund is allocated to large-cap companies, a significant rise from 72-73% earlier in the year. This adjustment reflects a broader strategy to emphasize domestic strength while reducing exposure to global markets.

Among the fund's key investments is Reliance Industries, which Parekh views as a compelling opportunity. He estimates the stock's fair value to be between ₹1,660–1,670 by FY28, supported by strong fundamentals in refining, petrochemicals, and a growing renewable energy segment. Additionally, the fund holds a 26-27% stake in major private banks like SBI, ICICI Bank, Axis Bank, and HDFC Bank, benefiting from improving asset quality and the expectation of rising interest rates.

The portfolio also includes investments in domestic consumption and infrastructure, with companies like Maruti, Mahindra, and Bharti Airtel featured prominently. Despite positive consumer sentiment, Parekh remains cautious about the fast-moving consumer goods (FMCG) sector, citing high valuations relative to growth potential. Sohum Asset Managers has achieved an impressive annual return of 18% over the past four years, attributed to a disciplined approach to growth at a reasonable price (GARP) investing.