Economic Times | 19/04/2022 03:03 PM | Click to read full article
“If one has a three-year timeframe, these are great opportunities to buy. Where else would you get 20-25% compounding machines at the lower end of the last 10 years' valuations? That is where once this swelling subsides, people will wake up to it and you can have big global funds taking exposure to the group,” says Rahul Chadha, CIO, Mirae Asset Global Investments.
For India, the number year to date is somewhere around $13-$14 billion and that is a significantly high number.