Key Points
Mrinal Singh, CEO & CIO, InCred AMC, says one can look at our cash as a proxy largecap allocation..
We have kept that largely in anticipation of volatility in the market and we would look to deploy it as the market offers volatility at interesting prices...
Did you come across that note, kind of a very honest admission from Chris Wood in the Greed & Fear newsletter, saying that, yes, India is the best game in town right now with superior macros?.
We have seen largely rural facing businesses seeing volumes contract in the last three years, but in the last two quarters in particular we have seen that there has been arrest in that decline and there has been some green shoots of growth, hopefully in the next 12 months we would start seeing rural demand picking up and it is a very large part of economy...
We have seen drawdown in one large name looks appealing from a longer perspective, very-very stock specific, so we have been running a large underweight on financials and that cash that you see there would be some that would get deployed in that direction as we progress, as we find the risk-reward getting interesting..
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India Inc's capex cycle may move into top gear
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‘Jobs-linked PLI scheme to boost several sectors’
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