ETMarkets PMS Talk: We will see a strong build up for India as a single-country destination for FII flows: Tridib Pathak

“While FII flows will remain volatile, we think as time progresses, we will see a strong build up for India as a single-country destination for FII flows,” says Tridib Pathak, Executive Director and Portfolio Manager at Avendus Olivo PMS.
In an interview with ETMarkets, Pathak said: “We like to identify ‘change’ in business fundamentals which can lead to ‘change’ in growth or ‘change’ in valuation – or both,” Edited excerpts:

The fund tracks the India Story and the chatter on the Street is that ‘The next decade belongs to India’. What are your views?
We agree. We continue to be quite positive on the Indian market outlook. Growth is the reason and along with it, India’s much improved macro-economic stability.

India’s growth gap over the rest of the world is widening and India will be the fastest-growing major economy in the world over the next 5 years at least.

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