Sluggish corporate earnings, which have been a concern for the market, could see a strong revival in the second half of FY18. That is the expectation which Axis Mutual Fund is working with.
While talking to CNBC-TV18, Chandresh Nigam, MD & CEO at Axis Mutual Fund downplayed any long-term impact of P-Note positions that we are seeing.
He said that stable macro economic conditions will continue to support Indian market.
He expects positive momentum to continue in corporate, economic growth over three-five years.Watch accompanying video for more details.