Live Breaking News & Updates on A Emerging Business Fund

Mrinal Singh, CEO and CIO of InCred Asset Management, is positive about rural demand recovery in India over the next 1-2 years due to upcoming elections. He believes that sectors such as IT, power utilities, urban discretionary, and manufacturing will perform well once rural demand picks up. Singh s India Value and Growth Fund (IVGF) has achieved a CAGR return of around 19.3% since its inception, while the Emerging Business Fund (EBF) has returned close to 17% in one year. Singh selects stocks based on good management, business, and valuation. He is overweight on sectors like auto, consumer, healthcare, industrials, chemicals, IT, and telecom. ....

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