New Delhi, 8 April (IANS). The Indian equity markets have now entered the ‘attractive regions’ from ‘appropriate’ and ‘moderately expensive’ areas. This information was given in a report released on Tuesday.
According to the Union Mutual Fund report, this is a great improvement, as this change shows a good opportunity for long -term investors.
Despite global geopolitical stress and business uncertainties, long-term outlook remains positive for India.
Union AMC Chief Investment Officer Harshad Patwardhan said that strong macroeconomic foundation, healthy corporate and banking balance sheets, expected demand due to tax relief and welfare schemes, and a new private investment cycle signs are all encouraging factors.
Patwardhan said, “Healthy corporate and banking sector balance sheet, the possibility of demanding demand inspired by tax relief and extended welfare schemes and a possible start to a new private capital expenditure cycle are the major positive factors for our approach.”
Union AMC CEO Madhu Nair said that long -term investment is the key to ‘money creation’.
He said, “It is a human nature that he assesses the short -term impact and lowers the long -term capacity. We believe that the next 10 to 15 years are very good for the Indian economy and markets.”
He urged investors to focus on their financial goals and continue investment through SIP.
Union mutual funds are also optimistic about the increase in investment under the new tax system, which came into force from 1 April.
According to the Union Budget 2025, persons with income up to Rs 12 lakh annually will be exempted from income tax.
“This will increase disposable income, which will give families a chance to invest more in long -term means like SIPs,” the report said.
With this positive market approach and favorable tax changes, the report hopes that the monthly SIP flow in the mutual fund industry in the next 18 to 24 months may increase by Rs 40,000 crore.
-IANS
SKT/CBT
