A sharp fall in crude oil prices from the recent highs has propped up sentiment in Indian equities.
CAMERON BRANDT, director of research, EPFR Global, tells Puneet Wadhwa that flows to India equity funds have picked up a bit recently, reflecting hopes that lower energy costs will improve the outlook for interest rates, public finances and disposable income. Edited excerpts: What is your assessment of the fund flows thus far in CY18? Since mid-year, they have become increasingly risk-averse and defensive, with flows to technology sector funds stalling, high-yield bond funds ...
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