Corporate profit as a percentage of GDP has come down from 7.1% to 2.9%, says Naren.
The move is aimed at capturing the benefit of improving macros, expected earnings growth.
Here is the story of how they did it and what their funds' performance means for investors
Here is the story of six fund managers and what their funds' performance means for investors.
These funds dynamically manage their equity portfolios, investing more when markets are down.
HDB Financial, the company that gives out personal loans, car loans and does recovery services, is being traded in private deals at anywhere between Rs. 500 to Rs. 550 apiece, valuing it around Rs. 45,000cr.
Wealth managers believe that existing investors can continue to invest in equities.
The philanthropic trusts have so far stayed away from third-party asset managers because of low risk appetite.
Over the last six months, the fund has exited Indian Oil and added Lupin to its portfolio.
It is important for investors to know the difference between growth fund and value fund
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