Edelweiss Focused Equity Fund - NFO
Edelweiss Focused Equity Fund Market context The India Growth Story continues to be strong despite short term macro headwinds. Rising income in India is creating a demand for better goods and services. The Government’s economic policies over the last 2 terms, together with the impact of COVID-19 pandemic, have triggered a shift towards the organized sector making businesses stronger. Increasing internet usage is enabling the growth of innovative business models. Record level of Government spending is likely to have an multiplier effect in terms of boosting private sector capex to create a virtuous growth cycle for India. We think India may see the best decade of growth and transformation in the coming years. A combination of factors is creating a very favourable scenario for Indian equities from a medium to long term investment perspective. Corporate earnings have been growing ...