Bond Vigilantes Worry as Weak Modi Win Fans Fiscal Populism Fear
A smaller-than-expected poll victory for Prime Minister Narendra Modi is leading to worries among bond investors about greater populism.
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A smaller-than-expected poll victory for Prime Minister Narendra Modi is leading to worries among bond investors about greater populism.
Prime Minister Narendra Modi's smaller-than-expected poll victory is causing concerns among bond investors about increased populism. The election results shocked traders, leading to a selloff in Indian assets.
I think the timing is not too bad and as we say, timing the market is less important than time spent in the market. So, we are here to build the business over a long period of time in the right way, with the right quality and the right investment strategy and I think there is no better time to start than now.
So, it does not matter to me whether the company has had a profitability track record for the last two-three years or not, provided I have a visibility for the future.
The Trust Mutual Fund CIO expects continuity in policy after the Lok Sabha elections and is overweight on the domestic economy themes for FY25 as well