
Quant Mutual Fund close to fully deployed, betting on market revival
corporate earnings data and the market beginning to show early signs of revival, Quant Mutual finds itself close to fully deployed and believes that its risk-off phase is at the fag-end stage.
“Although high-level macroeconomic and corporate earnings data merit tracking, most, if not all of these below-estimates data are factored in and timing is ripe for being optimistic about selective segments of the market. Hence, we are now close to fully deployed and believe that risk-off phase is in its fag-end stage,” the fund house said in its monthly release.
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View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-115930343»>The fund house believes that in the coming days and weeks, the selling pressure from FIIs should ease further which will remove a major negative drag on the equity market.
“For a high level perspective of liquidity conditions, last week, after being net sellers for eight consecutive weeks, FIIs turned buyers with $ 0.5bn net inflow in to the Indian markets. In the coming days and weeks, selling pressure from the FIIs in absolute terms should ease further, which will remove a major negative drag on our equity market,” the fund house said.
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