Business Standard

Fund managers bullish on Indian equities, but tone down expectations

High valuations, exuberance around many new-age businesses, and the excess money floating around in the markets are a source of short-term worry

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Illustration: Ajay Mohanty

BS Reporter
Indian equities markets have largely remained strong for more than a year driven by loose liquidity by the global central bankers. As markets continued to surge, foreign as well as domestic investors continued to pump in money into Indian stocks. In last month’s Business Standard CIO Round Table on markets, the country’s leading money managers said that investors should moderate return expectations from equities going forward and continue to hold funds for a longer duration.

The participants included Prashant Jain, executive director (ED) & chief investment officer (CIO), HDFC Asset Management Company; S Naren, ED & CIO, ICICI Prudential Asset

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First Published: Dec 22 2021 | 6:03 AM IST

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