We expect high single-digit returns from the market this year: Mihir Vora

Max Life Insurance director and chief investment officer Mihir Vora says that for FY19, he expects an earnings growth of 15% - 18% in an interview with Business Standard

The March 2018 quarter (Q4FY18) earnings season has begun well with the information technology (IT) companies delivering healthy numbers. MIHIR VORA, director and chief investment officer, Max Life Insurance tells Puneet Wadhwa that for financial year 2018 – 19 (FY19), he expects  an earnings growth of 15 – 18 per cent, predicated on a recovery in earnings for corporate banks and commodity prices remaining strong. Edited excerpts:

What has been your investment strategy over the past few months? 

We have broadly maintained our investment strategy. We see consumption (auto, fast moving consumer goods etc.), private sector financials (banks, NBFCs) and