Markets are trading at high valuations. According to earnings data, the Nifty is trading at 19 per cent premium to its five-year average price to earnings multiple. On a one-year forward basis, the Nifty is trading at price to earnings multiple of 19 times. Given this fact, it seems the right time to look at schemes which follow value theme.
48% active largecap mutual funds outperformed in 2023: SPIVA report
Read More