Buy on dips with a 3-, 5-year horizon: Emkay Investment Managers CEO

"Our inclination is towards sectors that will participate in economic growth like BFSI, consumer discretionary - including auto, capital goods - infrastructure and IT," says Sachdeva

Lower tax rates, low cost debt, and the government’s willingness to spend have created a fertile ground for the economy to take off, says Vikaas M Sachdeva, chief executive officer of Emkay Investment Managers. In an interview with Ashley Coutinho, he says quality as a factor will make a strong comeback, having been overshadowed by value and momentum over the last few quarters. Edited excerpts:

What is your market outlook for 2022?

Over the past few quarters, the Indian ecosystem has been creating enough tailwinds for businesses to stabilise and succeed. Some businesses have already started showing resilience, which has led to