Rishi Kohli says: "Historical data suggests that FIIs miss the initial upward momentum of a new bull market, but the FII flows sort of chase this momentum and once further events line up to the positive view then their flows create further positive momentum which is what I expect to happen this year."
From a long-term perspective, that these 10-year US bond yields broke out of a 30-year downward channel in April 2023 so it is a very long-term phase change that has happened only a few months back, says Rishi Kohli.
Through the new AIF, homegrown wealth and asset management firm InCred Capital looks to offer risk-adjusted returns to investors through, and become an alternative to debt funds