We believe India's growth story has already begun and the time is now. India is set to become third-largest economy in this decade, making it one of the biggest opportunities for growth.

Headline inflation has come down in the last few months, which is a positive factor.

Inflation has been declining from its peak due to a favourable base effect and fall in food prices.

Correction in the stock market, thus far, has largely been driven by the rising rate cycle, which leads to higher cost of capital and lower price-earnings multiple (PE ratio).

We are constructive on short-term prospects

While investing in an active strategy, you typically look at the investment framework of the fund manager and understand the style of investing.

The rural sector appears to be interesting.

There may be some near-term volatility on account of anticipated rate hikes and constrained liquidity

The markets are generally forward looking and these issues of high inflation and rising interest rates have been hitting the headlines for the last one year.

As a fund house we are conservative on taking credit exposure and we try to generate alpha through duration management.