“The combination of flexicap and largecap funds can offer investors a balanced approach to navigating the current market environment, leveraging the strengths of both flexibility and stability” says Rajesh Bhatia, CIO at ITI Mutual Fund.
In an interview with ETMarkets, Bhatia who has over 30 years of investment experience said: “Investing in Large Cap funds can be a prudent strategy for investors looking for stability and growth potential in their portfolios,” Edited excerpts:
We have seen some volatility in the market post the Interim Budget. What is keeping investors on the edge, or is it profit-taking?
Rajesh Bhatia: The Indian markets are in a bull phase. The breath of sector participation in this rally implies that this is a strong market.
After a significant rally of 2023, some pull back or consolidation in markets is to be expected and is in fact, healthy. The interim budget is behind us.
The strong and stable India macros, the ongoing earnings season, potential peaking of interest rates globally as well as in India and stable global commodity prices are the key factors driving the India markets.
Recent state elections are also giving visibility of political stability for the next five years. All this has meant an optimistic investor sentiment towards the