Extrapolating recent returns into the future is fraught with risk: Rajeev Thakar of PPFAS Mutual Fund
"Central banks the world over have been guiding towards somewhat elevated interest rates and lower liquidity. The equity markets, however, are continuing to value assets like they were when the rates were very low," says Rajeev Thakkar, Chief Investment Officer and Director, PPFAS Mutual Fund.
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