Despite the toned-down estimates, Sukumar Rajah, MD and CIO -- Asian Equities, Franklin Templeton Investments, tells Business Standard that India maintains the lead in economic growth vis-a-vis most of its peers and the regulatory risk will reduce.
'India is an equity market with a breadth and depth of companies to invest in.'
In fact, the current market scenario provides more value investment opportunities. So, it is positive for mutual funds.
The index gained 572 points, or 2.4 per cent, this week while the Nifty added 164 points, or 2.3 per cent
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