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  • News From Press Utilities will be a better bet than consumption stocks post covid: Prashant Jain

    Utilities will be a better bet than consumption stocks post covid: Prashant Jain

    For India, impact on the economic growth, incomes—especially for the lower income groups—and the fiscal deficit is likely to be significant, says the executive director and chief investment officer (CIO) of HDFC Mutual Fund.
    Mint Jan 1, 2020

    Key funds such as HDFC Equity and HDFC Top 100 have underperformed their category averages on a five-year basis (CAGR). Neil Borate spoke to Prashant Jain, executive director and chief investment officer (CIO) of HDFC Mutual Fund to understand the reasons for the underperformance and his overall outlook on the markets and the economy as a whole. Edited excerpts:

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