Shravan Sreenivasula, Fund Manager, Monthly Viewpoints for the Month of November 2017
Aditya Birla CapitalNovember 29, 201700:07:51

Shravan Sreenivasula, Fund Manager, Monthly Viewpoints for the Month of November 2017

Highlights of the Month:

-- Both the developed and emerging markets are showing uptick in growth.

-- After two months of hiatus, the equity market indices bounced back in the previous month.

-- In terms of flows FIIs as well as DIIs were net buyers. FIIs bought ~295 mn, Mutual Funds bought ~1.39bn & other DIIs bought ~160mn.

-- On global front the liquidity tightening is expected.

-- Earning season has been a mixed bag with a positive bias, we expect the earning revival to happen in FY18H2.

Advisable funds Equity:

• Large Cap Funds - BSL Frontline Equity Fund & BSL Top 100
• Multi cap funds - BSL Advantage Fund and BSL Equity Fund
• Balanced Fund - BSL Balanced’95
• P/E based Funds – Balanced Advantage Fund

Advisable funds Debt:

• Savvy Investors: BSL Dynamic Bond Fund & BSL Income Plus
• Risk Averse Investors: BSL Corporate Bond Fund, BSL Short
Term Opportunities Fund & BSL Medium Term Plan