equity returns: ETMarkets Fund Manager Talk: Why does this asset manager foresee moderate equity returns in 2024 vs 2023?
The Indian economy is booming with corporate India witnessing balance sheet expansion, supported by government policies and a nascent real estate cycle. FY25 is expected to see earnings growth moderation to 15% for Nifty, compared to 25% in FY24. Canara Robeco Mutual Fund's Shridatta Bhandwaldar has launched a manufacturing fund based on import substitution and export ecosystem creation opportunities in Indian manufacturing.
Source: indiatimes.com
