Equity flows into mutual funds remain strong, boosted by SIP flows. However, the year ahead could be difficult for equities owing to high valuations and a slowdown in consumption. In an interview to Siddhant Mishra, Taher Badshah, chief investment officer at Invesco Mutual Fund, says markets could take a breather in 2023 after the strong […]
By Parijat Garg. Adam Smith famously said – “It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self-interest.” What was left unsaid was that the baker makes money because society at large is willing to pay for bread. […]