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India is much more attractive than any other emerging market: Ritu Arora

High-quality equity investments are the best asset class to allocate long-term growth capital, Arora said

RITU ARORA, Chief executive and chief investment officer for Asia,  Allianz Investment Management
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RITU ARORA, Chief executive and chief investment officer for Asia, Allianz Investment Management

Puneet Wadhwa New Delhi
It was a topsy-turvy ride for the equity markets last week. RITU ARORA, chief executive officer and chief information officer, Asia, Allianz Investment Management-Singapore, tells Puneet Wadhwa in an interview that the Omicron variant of Covid warrants close monitoring but the long-term trajectory of the Indian markets remains intact. Edited excerpts:

Is this a good time to buy the dips in the market or should investors wait for more clarity on the impact of the Omicron strain?

High-quality equity investments are the best asset class to allocate long-term growth capital. The Nifty’s 10-year CAGR (compound annual growth rate) is 15.03