Invesco India Mutual Fund Sr. EXecutive Taher Bhadshah said,
...the confluence of recent economic and policy measures culminating in this tax cut does make the overall investment proposition incrementally more attractive. Risks hereon to the market in our view may now arise primarily from global market developments. With a higher probability now of a recovery in the domestic growth cycle and given the steep valuation correction of the past 12-18 months, we reiterate our preference for mid and small caps as an area of immediate opportunity even as our flagship value and growth strategies remain positioned for steady long-term capital appreciation.
