Investors should not worry about short-term market volatility: CEO Axis MF

In the near term, the biggest issue will be how GST implementation pans out

With the fourth quarter earnings season for 2016-17 underway, CHANDRESH NIGAM, managing director and chief executive officer at Axis Mutual Fund, tells Puneet Wadhwa that with the markets being fairly valued, the returns from here will be a function of which companies and sectors are able to deliver consistent growth. 

Edited excerpts:

Will markets move higher over the next 12 months, despite corporate earnings and capital expenditure cycle showing no signs of a pick-up?

The market never moves in a straight line. Corrections (stock price falls) are a healthy part of any bull market. While nobody can predict the market