Mutual Fund Monthly Review: ICICI Direct
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
Indian equity markets have witnessed a remarkable rally from March 2020 lows making new all-time highs against all expectations.
Rising global markets with U.S. election uncertainty behind, significant inflows from foreign portfolio investors, policy and continued reform measures by the Reserve Bank of India, government and incrementally positive news flow on Covid-19 vaccine development have aided headline indices to scale all-time highs.
In the last two years, Indian debt markets have witnessed a good rally with most funds having clean portfolios with no credit risk event delivering annualised return in the range of 11-12%.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.