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HSBC MF cautions against high return expectations in 2024; picks 5 sectoral themes - Vimarsana News

HSBC MF cautions against high return expectations in 2024; picks 5 sectoral themes

The Nifty50 continues to trade at 19.8 times its 1-year forward P/E based on the consensus earnings. On a 10-year basis, the index is still trading 10% above its 10-year mean valuation, says HSBC Mutual Fund