'Keep core allocation in Balanced Advantage Funds..': Tata MF CIO's advise to investors1 min read . Updated: 10 Jan 2023, 01:17 PM IST
- Despite best efforts, short term moves in the portfolio stocks may not always make sense as risks arising out of global macros are inherently unpredictable, said Tata MF's CIO
Providing an outlook for Equity Markets in CY23 based on sectoral views and impact of macro scenarios, Tata Mutual Fund's CIO - Equities, Rahul Singh said that at current valuation premium, India's relative performance in short term and in 2023 becomes a function of what happens to the rest of the world i.e. shallow vs. deep recession in US/UK/EU and the pace of recovery in China post-reopening.
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