How Max Life Insurance Fine-Tuned Its Investment Model Amid Pandemic

At a time when investors are trying to wrap their heads around the deviation in valuations and earnings, Max Life Insurance Co.’s Mihir Vora has fine-tuned his investment strategy to fit the changing times.There was a time when Vora needed valuations—measured in terms of price-to-earnings ratio or price-to-book ratio—to be around a certain level to feel comfortable buying into a stock. However, over the last five to seven years, the ...