Dear Patron,
Presently market is treading between inflation and growth. Inflation in India is well within the RBI predictions and which is managed effectively. Hence we would most likely not see runaway of interest rate cycle.
However with Europe showing no sign of recovery till date and with America poised to hike interest rate, certainly global investment scenario is looking gloomy.
Back home, Ex Bankers and Economist are confident about India growth story. They have reason to believe the same. Banking segment is more efficient today to manage even at lesser margin
Demand for Agriculture, manufacturing and agriculture is strong. Digital India presents tremendous opportunity for growth. Top 500 Corporate hardly need any debt, which bodes well. The BSE Sensex PE at 23.20 gives good opportunity to rebuild your Portfolio. The all time high PE was at 36.210 in Feb 2021. Market saw V shape recovery only because the fundamentals of the economy were strong.
Participation in equity through mutual funds will be the great idea with long term in mind. Systematic Investment Plan as always is the best disciplined way of participation in same.
Happy Investing
