The correction which you are seeing is the actual decline in the consumer demand.
Globally, central banks are seeing negative rates and that is driving the money into gold.
While RBI does have space to cut rates, we will have to wait and watch the economic situation.
Valuations are getting far more reasonable and attractive to look at from a three-year perspective.
Mid caps in the last three years have gone through challenging times. But this is not alien to the concept of mid cap investing.
We have to do a deep dive to see which companies are going to remain strong.
We have to see how the competitive pressure eases out and which companies start growing going ahead.
We believe there could be opportunities available at attractive price point going forward.
Debt funds have seen several rounds of severe volatility over time and successfully met the challenge. However, each such episode does leave its own destructive trail.
I find that money flowing into focussed funds, midcap funds, says Value Research CEO.
There is still selective lending but maybe a few banks are being an exception.
The downside correction from here could be very limited but time wise it could be quite prolonged.
Investors have taken refuge in bank deposits, while some are shifting to overnight funds in search of safety of their short-term investments.
'If you want to make money and can bear the volatility, this is the time to be disciplined'
On the macroeconomic front, the economic slowdown and liquidity stress in NBFCs have impacted the consumption demand in the economy.
The only silver lining among the dark clouds in automobile sector is the launch of new products.
In the near term, we need to see some support to boost the growth. That is a near-term requirement.
After almost 12 months of liquidity deficit, the system has turned liquidity surplus in June.
Dynamic bond funds are generally exposed to three main risks in our opinion – price risk, spread risk and liquidity risk.
Looking at two opportunity spaces -- secular growth and cyclical recovery stories, says Sundaram MF CEO.
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