Equity investments should give about 15% annual returns over next 5 years: Raamdeo Agrawal
Motilal Oswal Financial Services' chairman Raamdeo Agrawal sees 15% returns from Indian equities as a probable outcome over the next five years. In an interview with Nishanth Vasudevan, the seasoned investor spoke about foreign investor sentiment, Zepto and capital gains tax, among other topics. Edited excerpts:How are you assessing the market at this point?I see this economy growing at about 7.5-8.5%, with corporate profits growing at more like 13-14%. So the index itself should give 12-14%.Th…
