New Delhi, Sept. 14 -- Despite whispers of an impending market correction due to a potential equity glut, A. Balasubramanian, managing director and chief executive officer (CEO) of Aditya Birla Sun Life asset management company (AMC), which has an overall assets under management (AUM) of about Rs.4 trillion as of the June quarter, is betting on Indian equities hitting a fresh lifetime high in FY26. The AMC manages equity assets worth Rs.1.8 trillion.
India remains resilient with a strong absorption capacity despite the surge in equity supply. Right now, demand and supply are largely balanced, keeping markets within a narrow range, he explained.
"But this is temporary-most PE (private equity) exits have already happened, and they're leav...
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