Mark Mobius remains optimistic about India, planning a new fund with significant Indian allocation, citing undervalued companies. He anticipates a shift towards private enterprise in China, boosting its market. Mobius believes inflation is persistent, advocating equity investments in companies that can outpace it. While some holdings have been adjusted, he maintains a bullish outlook on Indian IT and tech sectors.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets