The record number of demat accounts being opened is a clear indication that small investors are flocking to the stock market big time even as concerns are being raised on market valuation. Tactical investment and new fund offers have ensured a steady inflow into equity mutual funds. Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company spoke to businessline on the way ahead. Excerpts:Can India deliver on economic growth given the global developments?
Our economy was growing at a reasonable pace but others have slowed down. Russia has suddenly...