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Broader market to catch up as recovery plays out, says Mahesh Patil

Even as the headline indices are expected to deliver modest returns in FY21, fund managers are expecting a pick-up in the broader economy, triggering a recovery in the beaten-down mid-cap segment.

Mahesh Patil, co-chief investment officer (equities), Aditya Birla Sun Life Mutual Fund, tells Jash Kriplani about what makes him bullish on growth. Edited excerpts: Your views on monetary policy and the impact of Operation Twist? The monetary policy has been fairly accommodative in 2019 with the Reserve Bank of India (RBI) embarking on a 135-basis point (bps) rate cut, besides keeping …

Source: Business Standard