Markets can deliver 15-20% CAGR return over the next 5 yrs: Pankaj Murarka

There is deep value in many PSU stocks as they have had significant valuation derating over the last 10 years

As markets prepare for India Inc to unveil their performance for the quarter ended March 2020, PANKAJ MURARKA, founder and CIO at Renaissance Investment Managers tells Saloni Goel in an interview that they expect Nifty companies to report an earnings growth of 35 per cent YoY. Edited excerpts:

How should investors approach the markets now?

We are in a bull market and equity as an asset class tends to be volatile. However, the volatility reduces with a longer-term time horizon. So, investors should have a long-term investment horizon and stay invested without getting too perturbed by short-term volatility. I believe