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Expect 10-12% rise for Sensex, Nifty in the next one year: Sundaram AMC CEO

Fund managers would find it tough to beat the market going ahead, says Sunil Subramaniam

Sundaram Asset Management Chief Executive Sunil Subramaniam
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(Photo courtesy: myrokra.com)

Puneet Wadhwa New Delhi
With the benchmark indices gaining around 26 per cent so far this calendar year (CY17), Sundaram Asset Management Chief Executive Sunil Subramaniam, tells Puneet Wadhwa that fund managers would find it tough to beat the market going ahead, as they would have more challenges to address. He expects a 15-20 per cent growth in the assets under management (AUM) for the industry over the next five years. Edited excerpts:

What is your market outlook for the next one year?

The markets are likely to consolidate till March 2018, given the political (Assembly election outcome, Union Budget) and the economic (policy