'Current valuations are higher than seen in the past five years'

How is your team viewing the current market valuations and preparing for possible corrections? Current market valuations are higher than seen over the past five years. So, we are expecting some time and price correction to take place. We are moving to a diversified portfolio and stepping back from very expensive stocks with high growth expectations. Are index and factor-based passive funds a fad or a lasting investment strategy? We believe that index and factor-based passive funds, or rule-based funds, are an important asset class, and they will continue to play a significant role in the investment landscape. Two areas in which these funds will be especially important are - (a) a very convenient and easy tool for investors who are making initial forays into the equ

This article was originally published on October 29, 2024.