By Kunal Desai, head of Indian Equities, Neptune
A key concern for investors who were looking at India afresh has been the rich valuations and strong prior performance. We view the correction in the market through short-term growth concerns from demonetisation as a terrific entry point for the long-term investor. Investors should not be overly concerned with the transient short-term growth downgrade but instead should focus on the longer-term transformative effect these – and consequent – steps can have on the economy and fiscal strength, argues Kunal Desai, manager of the Neptune India Fund.
Important information – for Investment Professionals only. Not for Retail Clients.
Neptune funds may have a high historic volatility rating and past performance is not a guide to future performance. The value of an investment and any income from it can fall as well as rise as a result of market and currency fluctuations and your clients may not get back the original amount invested. Investments in emerging markets are higher risk and potentially more volatile than those in established markets. References to specific securities and sectors are for illustration purposes only and should not be taken as a solicitation to buy or sell these securities. Please remember that forecasts are not a guide of future performance. The content of this document is formed from Neptune’s views as at the date of issue. We do not undertake to advise you as to any change of our views. Neptune does not give investment advice and only provides information on Neptune products. Please refer to the Fund’s prospectus for further details.