From macro to geopolitical, risks are everywhere. However, implied higher earnings multiple brings in its own risks to prices, Sachin Relekar, Fund Manager - Equity at LIC Mutual Fund, said in an exclusive interview to Moneycontrol.
The Nifty50 created history earlier this week after it broke past its previous record high of 10,137 after 30 trading sessions. What is the way forward for the index? Where do you see it by December-end?
We are bottom-up investors. We have clearly articulated investment framework for equity investment. Therefore, we don’t focus on index levels much. However, we have a cautious view for near-term (6-12 months).
