What does it take to lead from the front in one of India’s most competitive and fast-evolving industries?
In this episode of Capital Conversations, Aashish Sommaiyaa, CEO, WhiteOak Capital Management, takes us through his remarkable journey, from starting out as a summer trainee at ICICI Mutual Fund to becoming the youngest CEO in India’s asset management industry. Joining host Samina Nalwala, Executive Director, Waterfield Advisors, he reflects on career experiences and qualities like conviction and adaptability that have shaped him as a leader.
The conversation spans the evolution of India’s investor base over the past decade, the growing influence of younger investors, and the unique challenges and opportunities that come with volatility. Aashish shares the science behind constructing portfolios that can sustainably outperform benchmarks, explains the critical differences between Mutual Funds and PMS products, and offers his perspective on which structure suits different types of investors.
With a blend of macro perspective and hands-on execution insights, he makes a strong case for disciplined asset allocation, thoughtful stock selection, and staying alert to opportunities hidden within market cycles.
In this episode, we also cover:
- Early lessons from sales and their lasting impact on investment thinking
- Navigating competition in a maturing asset management industry
- Insights into the behaviour of young traders in today’s market
- Interpreting recent market performance and cycles
- Asset allocation frameworks for different investor profiles
- Selecting quality companies for long-term success
- Mutual Fund vs. PMS – choosing the right fit
- Flat-fee vs. profit-share models – investor pros and cons
- Strategies for consistently beating the benchmark
Listen to the full episode for valuable insights into leadership, investment strategy, and seizing opportunities in India’s ever-changing market landscape.
