Market correction has made valuations more palatable: Jiten Doshi

India's valuations will always command a premium, says chief investment officer of Enam Asset Management Company

Indian markets will benefit from structural changes to the economy, says Jiten Doshi, co-founder and chief investment officer of Enam Asset Management Company (AMC), a portfolio management services (PMS) firm. He told Samie Modak in an interview the three factors that drive markets—sentiment, liquidity and fundamentals—are turning favourable.

Here are edited excerpts from the interview.

The market has seen a time correction for nearly 18 months. How has been your scheme performance?

During the last 18 months, we made a couple of changes to our positions which helped us outperform the market. Volatility germinates nervousness, which is a basic human