BUSINESSCNBC-TV18 Markets ยท 2 hours agoLive
Explainer: Why pension funds are becoming key buyers of India's large-cap stocks
Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.
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WHAT HAPPENED
Pension funds are gaining prominence in India's equity markets, with purchases of large-cap stocks surpassing those by mutual funds over the past 12 months, according to Aditya Birla Sun Life AMC's Harish Krishnan. However, limited allocation headroom in dynamic asset allocation funds and uncertainty over crude oil prices and West Asia could weigh on the near-term outlook.
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