What do you do with this withdrawal of Sector of the consumer’s devastation? It seems like a little late in the day considering all government actions, the impact of stock markets at least occurred before.
Ashi Anand: The wide way we look at the markets are markets a little waiting and a view mode. You will never have a clear direction in terms of which parts of the market are likely to drive next step. So, as specific to the question of consumer durables, a very large importance or a large positive year so far we see in the interest we see in the interest we see in the interest we see in the interests we see in the interests we see in the interests we see in the interests we see in the interests we see in the interest we see in the interests we see in the interests we see in interest. With a 100 basic scores cut into interest in interest, that is a certain amount of household income to go to emis, which is currently for consuming and consumers durables that are very good within the overall space.
So, in the context of a general market where you still try to see and find out which directions have a long basis and now there’s a long basis and now there is a long basis and now have a long basis and to have a long basis and the growth of that basic is still not clear.
You have security in front of the whole world. You have banking most likely to see some amount of pressure on nim in the near term. Within all the consumers operate as a safe shelter and to drink the mountain beginning and with the hope of coming in urban, with some interests to come in space.
You just want to get your classers that are related to the broker because we now have a news saying the AUMA stock and this theme also goes to repair the markets. Give us what you mean how do you see this theme, valuations justified in the grown class posted to companies?
Ashi Anand: Therefore, Financial in storage According to us one of the more interesting themes to play in the coming decade. If you look at the level of penetration across Indian financial products compared to any other areas of our scale, there are many financial deposits, and financial markets, and gold and financial markets.
If you look at playing this theme, you need to be somewhat cautious in terms of what parts of the theme you play. So, it is a space we make active in our portfolios. Exactly what we do Management of wealth,, Asset management played. We have seen it as direct rich growth games and asset management sectors in India.
Brokerages actually are a place that is a bit more cautious. It is important to know that a large amount of growth we see in brokerage posts that Covid comes from the more intact F & or a space clearly cyming in. They have already identified different steps and they can introduce additional steps and you see more sharp reduction in total activity of F & O.
While passing through this regulation of chaos, you want to stay away from or be a care of exposures to brokers especially in parts of how much you pay. But the management of wealth, asset management, it is insurance all the parts we believe are very attractive, we will hold reasonable parts of our overall portfolio. Brokerages can also be interesting, but we only wait to see as the current regulatory conditions.
