ETMarkets Smart Talk: If you plan to invest Rs 10 lakh ahead of Budget 2024, deploy it over 6 months: Rohit Sarin
“Policy making is dynamic in India and budget is not a limiting event. If an investor’s asset allocation permits to invest additional funds in equity then given the rich valuations currently, it could be deployed over 6 months,” says Rohit Sarin, Co Founder – Client Associates managing assets worth over $6 Bn.
In an interview with ETMarkets, Sarin said: “As of now, all debt instruments including bonds attract marginal tax rate in India. We expect policy stability on this front. 10-Year Bond Yields, and Inflation—paints a compelling narrative,” Edited excerpts:
Markets are trading near record highs as we approach the Interim Budget 2024 or the Vote on Account – what are your expectations?
Rohit Sarin: Indian markets have been resilient in 2023 on account of the resilience of the domestic economy.
With indications of an accommodative stance of the US Fed in 2024 markets are expected to remain strong in 2024 aided by the reallocation of global liquidity towards equity in general and growing economies like India in particular.
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Offering CollegeCourseWebsiteIIM LucknowIIML Chief Executive Officer ProgrammeVisitIndian School of BusinessISB Chief Digital OfficerVisitIIM LucknowIIML Chief Operations Officer ProgrammeVisitWe expect the government’s policy stance to remain aligned with this momentum. In a comprehensive diversifier analysis, India emerges as a key player in both developed and emerging markets, underscoring its role as a strategic investment destination, offering an appealing risk-return profile.
Investors worldwide stand to gain notable diversification benefits by including Indian equities in their portfolios.
MSME expects
