ETMarkets Smart Talk: Fund manager with over Rs 3,700 bn under AUM sees Nifty earnings growing at 13-15% CAGR over next 3 years
Nifty50 now trades at 1-year forward PE of 19x, above the long-term average of 18x. For the short term, there could be intermittent corrections considering the global scenario. Therefore, our range-bound view for the Nifty remains. However, on a medium-to-long-term basis, we continue to remain constructive on Indian equities,” says Mahesh Patil, CIO, Aditya Birla Sun Life AMC
