ETMarkets Fund Manager Talk: MF cash holdings to find its way into equities once volatility stabilises: Equitree Capital

Equity funds are expected to deploy cash holdings worth INR 63,000 crore ($8.4bn) into the Indian equity market as they await stability amid positive news on the macro front, says Pawan Bharadia, managing director at Equitree Capital. With the risk-reward scenario becoming favorable, Bharadia sees enough capital on the sidelines to be deployed that will find its way into the market as volatility stabilizes. Bharadia said Equitree was “optimistic” about equities in the mid-to-long term period with corporates expected to post better results due to the recent price corrections and continued business visibility.