As the markets have navigated through January, we find ourselves at a crucial juncture, eagerly anticipating the developments of 2024 and the opportunities it may bring.
At PMS AIF WORLD, our conviction remains firm that this decade will witness a consistent bull market.
Our take is strengthened by the fact that while the IMF forecasts a global GDP growth of 3.1%, India’s GDP growth is expected to rise between 6.5% to 7%.
With the Nifty 50’s trailing PE ratio hovering between 22 and 23, the forthcoming elections, and the 2024 budget aimed at nurturing future growth, investing wisely with good fund managers will continue to generate Alpha and that is what the current budget also implied… Read our take on the interim budget & what the numbers mean, and also check out the Monthly Peer Group PMS report with performance data as of 31.01.2024.
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