India’s top performing mutual funds who are participating in the show made presentations on the Indian economy and their funds and answered
questions on the stock market's rise and fall.
Non Resident Indians (NRIs) in the Gulf have been investing in the Indian capital markets in recent years, both directly and through the mutual fund route. The recent corrections in the Indian stock markets have provided an opportunity for investors -both institutional and retail -to make an entry at relatively lower levels.
Fund managers from nearly a dozen top AMCs yesterday organised seminars attended by NRI investors -both high net worth individuals and average middle-class -during the two-day meet.
The speakers in their presentations cleared doubts in the minds of NRI investors about Indian capital markets, the state of its economy and future growth prospects.
Those who made presentations on Saturday included Nisarg Trivedi, Head Middle East, HDFC Mutual Fund, Sudhanshu Asthana fund manager at SBI Mutual Fund, Prashant Rathi, area manager, Sundaram BNP Paribas Mutual Fund, Lakshmikant Reddy, Senior VP ICICI Prudential Life Insurance and Ramesh Krishnamurthy, Senior VP Barjeel Geojit Securities. Bhupathy and Pathabram spoke on NRI taxation and budget 2008.
The event was organised by Khaleej Times and Mediascope Publicitas in association with Barjeel Geojit Securities.
The study takes into account premium office rents of Dubai International Financial Centre (DIFC) and Abu Dhabi Global Markets (ADGM)
Business2 days ago