Long-term investors can bet on multi or flexi caps: Nippon India MF's Bhan

'Indian markets offer potentially attractive medium-term opportunities available across various sectors and size categories'

India’s economy is well placed to deliver reasonable growth in the near term on the back of demand normalisation and manufacturing revival. However, earnings may remain under pressure due to weakening global growth, says Sailesh Raj Bhan, CIO – Equity Investments, Nippon India Mutual Fund, in an interview with Abhishek Kumar. Edited excerpts:

Has the Budget brought about any change in your strategy or sectoral outlook?

The Budget is well-balanced as it retains growth impetus through strong capex push without compromising on fiscal consolidation. Overall, the Budget continued the focus on reviving the investment cycle and lowering financial burden by