The markets have sparked a raging debate among global investors over growth versus value. Having underperformed for more than a decade —and facing existential issues in some cases— value investors are sensing a turning of the tide. They see a sustained period of value outperformance ahead, similar to what happened in 2000 when the tech bubble burst. While these classifications are not that important among Indian investors and funds, they define the global investment landscape. Most funds are clearly bucketed in either the growth or value camp and cannot deviate from this mandate. The superiority of one style over the
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