Mahindra Manulife CIO Says Indian Stocks Undergoing Cyclical Correction
Krishna Sangahvi, CIO of equities at Mahindra Manulife Mutual Fund, states that Indian equities are experiencing a cyclical correction, not a broad earnings reset. Despite volatility from energy prices, geopolitical tensions, and AI disruption risks, corporate earnings remain resilient. The fund remains neutral on equities, focusing on stock-specific opportunities amid expected market volatility. A new long-short equity fund is launching following this correction.
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