Indian savings are strong and we need to get them into the market: Milind Barve, HDFC AMC

In a chat with ET Now, Milind Barve, MD, HDFC AMC, says If you really are risk-averse, we could be buying into just fixed maturity plans right now

ET Now: We are going to get into conversation at a time when nothing is going the markets way?

Milind Barve: No, I do not think nothing is going. I do not know why you say that, as I said to you earlier it is easy to be pessimistic but I do not think we are. Yesterday the index was at a 52-week low and people were talking about some reports on global recession. I do not believe that India is a complete island of safety for the rest of the world but our growth numbers do stand out in terms of comparison with regional EM markets and the global appetite is looking for growth fundamentally. Obviously we have challenges in the way our economy is structured and the way our whole m .. 
 

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