Janakiraman Rengaraju, Chief Investment Officer, Emerging Markets Equities – India, Franklin Templeton India Asset Management Co Ltd, likes power utility companies that are waiting to tap into new energies
According to Janakiraman Rengaraju, while short-term events like the MSCI rebalancing may have some impact, it is more important for investors to focus on the medium-term growth outlook and factors that drive long-term corporate earnings. Real estate and industrials, I think those are two sectors which look quite well positioned. But at this stage of the growth, I think there is enough opportunity for a lot of other sectors as well.
So today the rebalancing that you have mentioned which is going to probably take place by the end of February, it is going to bring in a certain amount of FX inflow.
Franklin India Bluechip Fund and Franklin India Prima Fund, two of India’s oldest equity funds, compete 30 years. Launched in 1993, these 2 were, at the time, India’s first private sector mutual fund schemes
The Indian economy is poisoed for better prospects in the coming years as it leverages technologies like artificial intelligence and becomes a beacon for the world amid a tough geopolitical scenario, a panel consisting of Bill Winters, chief executive officer, Standard Chartered Bank, Ravi Kumar S, CEO, Cognizant, Jenny Johnson, president and CEO, Franklin Templeton and Rizwan Sajan, founder and chairman of Danube Group said Friday.