“Siddharth Vora of PL Asset Management has significantly reduced exposure to financials, moving from 35-39% to just 13% of the portfolio, making the fund underweight after being overweight for 12 months. This retreat from PSU banks, capital market plays, and NBFCs is due to profit-booking and de-risking after a strong multi-year rally, compounded by global energy shocks and geopolitical uncertainty.”

Siddharth Vora’s track record: 4 graded calls · 95% CI 15–85%