Aditya Birla Sun Life AMC Limited

ADITYA BIRLA CAPITAL MUTUAL FUNDS

Investor Message - FY23 Q1

Let me begin by wishing you and your family the best of health. In my podcast, I have captured some of my thoughts for FY 2023. As you are all aware, the pandemic is now coming to end, and the economy is expected to return to normal. However, the year began with the Russian and Ukraine war, which has created uncertainty in the Global Markets, the economy, and commodities prices in general. Amidst this Geopolitical situation, India is gaining ground as an emerging market because of its political stability and continued focus on reforms.
Today, inflation is high, but it is not because of demand but supply constraints. The Reserve Bank of India is aware of it and had to mull over on how long it can wait to increase rates. The risk of global inflation remains high and FOMC has started hiking rates now, RBI will decide on whether it should wait or start increasing rates in a calibrated fashion. Going by the historical approach there is some probability for marginally increase rates in April or the next policy. The market will also prefer a calibrated approach.
Investors should use every opportunity to build their portfolio either through SIPs or through lumpsum or through asset allocation between equity and fixed income and other asset classes for a longer duration. With confidence and understanding, one can overcome the challenges and issues that will impact the economy. I have tried to answer some of the questions you may have in my podcast.
to watch the video message.
Regards,
A. Balasubramanian
Managing Director & CEO
Aditya Birla Sun Life AMC Limited
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.