10 years ago

Equity returns will moderate but continue to outperform

Equity markets have witnessed volatility in recent times. Weak results in the last quarter, approaching rate hike by the US Federal Reserve, and higher price-earning valuations are deterring fresh allocation from existing as well as potential investors. The weak last quarter results were a function of lower capacity utilization, increased working capital cycle, lower commodity prices, lack of investment and delayed execution of existing projects over the past few quarters. Having said that, rising foreign investors’ interest, even in the unlisted Indian e-commerce and technology companies’ space, indicates that flows in the listed market is also bound to be robust. While flows from foreign institutional investors in 2014 came more from exchange-traded funds and global emerging market funds, this year’s FII participation is likely to be more broad based.

Live Mint
Equity MFs
3 years, 3 months ago

Equity MFs

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