ETMarkets Smart Talk: Structural growth story makes India a favourite EM for global investors: Rahul Baijal, HDFC MF
"2022 has been a challenging and eventful year for the markets. Higher inflation globally, Ukraine-Russia war, “higher for longer interest rates” narrative are some of the factors that have led to heightened volatility in the markets. However, over the medium to long term, we believe equities as an asset class, tend to deliver returns in line with the earnings growth of the companies."