Will the markets see a time-wise correction in 2023?

Moving on to financial markets, the recent Sebi order that capped exposure to foreign stocks has hit several schemes hard. PPFAS Mutual Fund’s flagship scheme has an exposure of nearly Rs 28,000 crore to such stocks. How is the fund house dealing with this? How do they see 2023 play out for the equity markets, and what are their top bets? Business Standard’s Puneet Wadhwa caught up with Neil Parikh, CEO of PPFAS Mutual Fund on his views on these issues and a lot more.