FIIs expected to return to the Indian equity market in 2022: Abhijit Bhave

The recent FII outflows can also be viewed as a year-end phenomenon and a possible knee-jerk reaction to recent events, Bhave said

As markets turn volatile in the backdrop of policy actions of major global central banks and year-end profit booking by foreign investors, ABHIJIT BHAVE, chief executive officer at Fisdom Private Wealth, tells Puneet Wadhwa in an interview that for 2022, investors should build portfolios around a blend of low-cost index funds/ETFs to participate in the broader market, as well as a debt exposure via mutual funds (MFs) or direct bond purchases. Edited excerpts:

How do you see 2022 shaping up for global equity markets, including India?

The theme for calendar year 2022 (Cy22) will be exceptional to normalisation. As the