'AI will drive productivity in investment decision making'

How is your team viewing the current market valuations and preparing for possible corrections? Corporate earnings trends align with stable economic growth, cutting across multiple sectors. This robust growth has heightened investor confidence, leading to valuation expansion across cap curves and sectors, sometimes beyond justification in extrapolative financial models. This calls for caution in incremental investments. At Sundaram Mutual Fund, we aim to diversify prudently, using a bottom-up approach to identify sectors with sustainable growth drivers. We invest in companies with growth visibility, cash flow certainty, and lesser vulnerability to external shocks. Valuations and safety margins are

This article was originally published on November 06, 2024.