“On the banking side you are seeing a major reduction in funding cost and that should benefit both the NBFCs and the mid-sized banks as well. Till now really the play was only in the large banks but you should see broader participation in the growth this year,” says Ashish Gupta, CIO, Axis Mutual Fund.But … Read more
“Since April we have seen foreign flows turning positive, but they have not been very strong. If I recollect correctly, in the last three months we have had only about three, three-and-a-half billion dollars of net FII inflows and so, we have to look at our market performance in the broader context of the global … Read more
Despite recent market corrections, Ashish Gupta, Chief Investment Officer (CIO) at Axis Mutual Fund, believes that both the defence and public sector undertaking (PSU) sectors still present compelling investment opportunities. Speaking with ET Now, Gupta provided insights into the valuation concerns in defence stocks and the evolving outlook for PSUs, particularly in the utilities space. … Read more