ETMGS 2021 Day 2: Indian equity market to deliver low-to-mid double-digit returns over next three to five years, says Prashant Jain


MUMBAI: HDFC AMC’s Chief Investment Officer Prashant Jain expects the Indian equity market to deliver low-to-mid double-digit returns over the next three to five years. “We have been surprised by the recovery in the Indian market, but even at current levels, the market cap-to-GDP in India is still not excessive,” Jain said at the ETMarkets Global Summit 2021.





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