If the current budget recognizes and rectifies this anomaly, it would give a huge fillip to the ETF industry, particularly the fixed income ETF
"Earnings growth is likely to be around 15 per cent in next 12-18 months. Market index will go upward if that happens," Joint Managing Director Ramdeo Aggarwal said in a conference here organised by ICICI Prudential MF.
While 2011 enters the last lap, experts Dhawal Dalal, Senior Vice President, Head - Fixed Income at DSP BlackRock Mutual Fund and Chaitanya Pande, Head-Fixed Income at ICICI Prudential MF share an overview of the year that was and all that is expected at the fund market in the upcoming one.
In the current scenario, Aadil Ebrahim, Managing Director at Bowen Asia advices investors to stick with fixed income products.