Tata AIA Life Insurance, which has assets of Rs 1,33,602 crore assets as of 31 August, offers protection, wealth, savings, child, health and retirement solutions. Harshad Patil, chief investment officer, shares with Nesil Staney his views on equity strategies and key sectors driving India’s growth. Excerpts:
What is your directional call on the markets at this level? Is the volatility to continue?
While the Indian equity markets have seen strong domestic flows persist, going forward, we could continue to see bouts of intermittent volatility on account of heightened geopolitical tensions as well as the broader markets trading at valuations above their long-term averages even as the large cap benchmark indices are near long term averages. We opine that a long-term investor with a 3