Aditya Birla Sun Life AMC Limited

ADITYA BIRLA CAPITAL MUTUAL FUNDS

Investor Message - FY22 Q3

International rating agency Moody’s has recently upgraded India’s sovereign rating outlook to “Stable” from “Negative” and reaffirmed the country’s rating at “Baa3”. According to the ratings agency, the upgrade comes on the back of India's downside risks from negative feedback between real economy and financial system receding. While there is scope of further enhancement, it is still a positive development and indicates India’s strong fundamentals and long term prospects.
The effect of reforms, a good monsoon, festive spending, increased vaccination and growing population of vaccinated citizens resulting in faster normalization of activities, all augur well for the Indian economy in times to come. Markets on the other side have sustained its strong momentum, touching new market highs. There is anticipation of a correction ahead, given the strong run up since last year. But let’s remember that markets run according to its own natural law. Corrections are part and parcel of market cycles and any investor coming to capital markets for long term wealth creation will have to go through these phases. That's how one becomes a seasoned investor. I have tried to address some of the questions you may have in my video message and the right approach to take when the noise levels around you are high.
Take the ensuing festive period to spend quality time with family and make happy memories. This is also a good time to see how you can add more power to your financial journey and fulfil goals of your own and your family members. Goal-based investing goes a long way in helping to stick to one’s financial plan. If there is a family member who is yet to initiate their wealth creation journey, encourage them to start an SIP and take their first step towards financial independence.
to watch the video message.
Let the festivities bring along joy, prosperity and togetherness.
Look forward to connecting soon.
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.