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Refreshing changes are happening among Indian investors, particularly with the younger generation moving away from the conventional saving system to investing in mutual funds, observed Jay Kothari, Vice President (Investments), DSP Black-Rock Investment Managers.
Stating that this is positive sign for the mutual fund industry, he said “passing of the GST bill and good monsoon would be the overall trigger for the market.”
This coupled with a stable government at the Centre and the push that is being given to see the reforms through would trigger growth.
The market here would be able to brace global risks despite the exit of Britain from the European Union.
Reserve Bank of India has come up with measures to tackle the impact on the Indian economy. “The signs are positive,” he added, during a brief chat with reporters.
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