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Aditya Birla Sun Life AMC Limited

ADITYA BIRLA CAPITAL MUTUAL FUNDS

Investor Message - FY22 Q2

Hope you and your family are healthy and safe. The last quarter saw the country grapple with the second Covid wave leading to a rather challenging phase for households. While speed of vaccination has increased and states are gradually starting the unlock process, yet as individuals we should not drop our guard and continue to follow precautionary measures.
As I write to you, the second Covid wave seems to have peaked out with majority of the population expected to be vaccinated by end of the year. The pandemic led concerns should not extend beyond a few months and pent up demand is likely to come back. India’s economic recovery should be back on track in the medium term and our outlook remains positive. We already have a fiscal stimulus in place and RBI has said that monetary policy is going to remain very accommodative, which will support growth. A combination of easy liquidity and monetary policy, government reforms, stronger than expected corporate earnings, increased participation of retail investors are some of the factors that will keep equity markets buoyant.
As investors though, we need to stay focused on the long term picture and align our investments accordingly. In this video message, I have tried to capture some of the salient points to remember in your investment journey. Hope you find these insights useful and it helps you to navigate the market ecosystem better. Let me also take this opportunity to remind you about a necessary operational step that the Government of India has stipulated, which is linking your PAN to your Aadhar. The deadline is now extended to September 30, 2021, so make sure you have completed this important process.
to watch the video message.
Let the festivities bring along joy, prosperity and togetherness.
Look forward to connecting soon.
Regards,
A. Balasubramanian
Managing Director & CEO
Aditya Birla Sun Life AMC Limited
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.