New investor strategy: Start with largecap funds, then midcap, says Mirae Asset fund manager

Even as we continue to witness heightened volatility in the stock market on the back of a confluence of domestic and global factors, eventually value accretive earnings growth by the corporations will be the key driver for performance, says Gaurav Misra of Mirae Asset Global Investments. A stable macro environment and a healthy GDP growth rate, will provide the backdrop for a pick up in earnings growth rate, he adds. “At the current moment it looks like global concerns on trade wars, growth outlook in US and China will not be a cause of major concern for the next few quarters at least,” he says.

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