• We are likely to face recessionary conditions globally before rebound in 2023
• We would expect a step forward for Industrials/Infrastructure/Capital goods and step back for consumption oriented stocks.
• Mid and small caps continue to be strong source of wealth creation
• Rebound in credit growth, private sector investment demand, house-hold capex or real-estate demand, global market-share gainers and idiosyncratic country-specific themes.
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.