Now Reading: Birla MF expects Nifty return of 14-17% in FY27
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Birla MF expects Nifty return of 14-17% in FY27
Aditya Birla Sun Life AMC expects the Nifty 50 to deliver a return of 14-17% in FY27, compared with a 4% fall in FY26. The fund house says corporate earnings of the…
The Story in Brief
Aditya Birla Sun Life AMC expects the Nifty 50 to deliver a return of 14-17% in FY27, compared with a 4% fall in FY26. The fund house says corporate earnings of the top 1,000 listed firms will rise 11% to ₹21 lakh crore this year, driven by robust consumption and a revival in capital expenditure. It notes a 55% positive correlation between a weaker rupee and corporate profitability.
Separately, the AMC has launched two Specialised Investment Funds, an equity long-short fund benchmarked to Nifty 500 TRI, and an ex-top 100 long-short fund targeting emerging companies. The NFOs require a minimum investment of ₹10 lakh per PAN.
The Indian Opinion
Fund houses tend to be bullish when launching new schemes. The 14, 17% return forecast hinges on earnings growth that may not materialise if consumption slows. Currency depreciation helps exporters but hurts importers, a risk glossed over. Valuations still look rich despite the recent correction. The true test will be the first-quarter results just ended; if actual earnings fall short, this optimistic target will quickly look shaky.
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.
