Investors should brace for lower nominal equity returns, according to PPFAS Mutual Fund's Rajeev Thakkar. While some market excesses have eased, frothy segments still require correction. Thakkar highlights risks in highly competitive sectors like food delivery and discount broking, and defends his fund's cash holdings as a permissible strategy. He also advocates for global diversification to reduce portfolio risk, noting the shifting performance of international markets.
Rajeev Thakkar of PPFAS Mutual Fund warns investors to prepare for lower nominal equity returns, potentially disappointing those expecting 15-20%. He points out that while some market excesses have eased, frothy segments still require correction. Thakkar also advocates for…
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