The October 2021 edition of FundsIndia’s Monthly Market Insight discusses various aspects of the investment world, from asset class performance to diversification.
The Monetary Policy Committee, in its recent announcement on 08-Oct-21, kept the rates unchanged but maintained its ‘accommodative’ stance as long as necessary till growth is put on a path of sustainable recovery, while ensuring that inflation remains within the target going forward. The RBI is clear on a ‘whatever it takes’ stance to revive growth. Repo rate and Reverse Repo remain unchanged at 4.0% and 3.35%, respectively. Inflation forecast for FY22 reduced from 5.7% to 5.3%. Growth forecast for FY22 retained at 9.5%.
Data showcased in this edition include Asset class performance, Indian equity markets – performance, Global equity markets – performance, Nifty 50 TRI – Rolling returns, Year wise lumpsum returns – Nifty 500 TRI, HDFC Flexicap fund, Franklin India Flexicap fund, India – Repo & Reverse Repo, Currency (USD-INR), etc.