Given the weak revenue collections during the pandemic year, focus on boosting spends towards development expenditure and health keeping an eye on fiscal consolidation, Yogesh Patil, Fund Manager - Equity, LIC Mutual Fund said in an interview with Moneycontrol’s Kshitij Anand.
Q) Sensex touched 50K, but since then the index has fallen below crucial support levels. What should investors do now if someone plans to put fresh money?
A) Looking at just the listed market universe does not provide the real picture of the Indian economy. A sizeable component of GDP comes from the unorganised segment which has been losing share to larger and organised players (typically listed companies).