Inflation may induce market volatility, but it is unlikely to change the earnings growth trajectory, says CIO-Equity, Kotak MF
Harsha Upadhyaya, CIO-Equity, Kotak Mutual Fund said they expect volume growth
Flight to quality would be a predominant theme for 2020 and maybe beyond as world grapples with a medical emergency, says Lakshmi Iyer.
Most investors in close-ended debt schemes are corporate treasuries and institutions; retail investors have a negligible presence in closed debt schemes.
I believe cement can be one of the best sectors in the next 12 months, said Harsha Upadhyaya, CIO Equity, Kotak MF.
Simultaneously, government should continue its focus on infra spending, rural housing and agri-based sectors like micro-irrigation because of the high multiplier effect of these sectors on economic growth.
Watch Investor Camp, Ahmedabad where Harsha Upadhyaya, CIO-Equity at Kotak MF and Prakash Diwan of prakashdiwan.in spoke about markets and discussed if it is the right time to enter the market.
An accelerating earnings momentum, which could translate into profit growth of about 14-17 percent in fiscal year 2017, means fund managers are betting on the domestic sector to provide them portfolio gains.
The public issue has opened for subscription today, which comprises a fresh issue aggregating up to Rs 510 crore and an offer for sale aggregating up to Rs 90 crore by Siddhartha Corporation Private Limited, a member of the promoter group.
The Income Tax department has raised tax demands against IL&FS, a move that's brought it in conflict with a total of 16 mutual funds, reports CNBC-TV18's Ashmit Kumar.