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  • News From Press Expect 15-17 per cent equity returns in long term: Neelesh Surana of Mirae AMC

    Expect 15-17 per cent equity returns in long term: Neelesh Surana of Mirae AMC

    Source: Economic Times Jun 13, 2017

    Investors should expect reasonable returns of 15-17% from equities in the long term, said Neelesh Surana, CIO (Equities), Mirae Asset Management. In an interview with Prashant Mahesh, Surana said he finds banking interesting.

    Edited excerpts:

    The Sensex is up 18% since the start of the year and now trades at a PE of 22.6 times. Are valuations stretched?

    Three factors need to be considered while looking at the market PE multiple.

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    considered while looking at the market PE multiple.

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