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Interview | Impact of second COVID wave on economy and market to be modest, says Prashant Jain of HDFC AMC

Any market correction triggered by FII selling is an ideal time to buy equities, says CIO of HDFC MF

May 03, 2021 / 02:36 PM IST
Interview | Impact of second COVID wave on economy and market to be modest, says Prashant Jain of HDFC AMC

Image credit: Suneesh K

A 30-year veteran in investment management, Prashant Jain, executive director and chief investment officer of HDFC Asset Management Company, is not unduly worried about the impact of the second Covid wave on the economy or on stock markets. Negating the popular perception that Jain has a contrarian approach to stock investment, the ED of HDFC AMC believes he is a seeker of good quality businesses that are growing well and available at a reasonable price. Having said that, Jain, who perhaps...

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