Neelesh Surana, CIO at Mirae Asset Mutual Fund, talks about valuations post the covid-19-driven market correction, whether there is a sector rotation opportunity and what may drive India’s eventual recovery from the crisis Neelesh Surana, CIO at Mirae Asset Mutual Fund, talks to Mint about valuations post the covid-19-driven market correction, whether there is a sector rotation opportunity and what may drive India’s eventual recovery from the crisis.
He also explains the AMC’s barbell strategy to focus both on sector leaders and companies offering deep value How attractive are market valuations? We find market valuations to be reasonably attractive from a long-term point of view considering that the market cap-to-GDP ratio is at 55%