A $40 billion fund manager advises investors to deploy money in the market

Infosys, Wipro ADRs slip signalling muted start for IT stocks after TCS results


Shreyash Devalkar, Head of Equity, Axis Mutual Fund, which manages funds worth $39.74 billion at the end of March 2026 quarter, said investors can continue deploying funds with a long-term view, even as markets have moved off recent lows following easing geopolitical tensions.

“Every time is the right time,” he said on April 8, adding that the market decline during the conflict phase created opportunities across sectors.

For the full interview, watch the accompanying video

Stocks in the financial, automobile, and consumer-oriented businesses are back to reasonable levels, according to Devalkar.

“It was expected that this was going to be transitory,” he added, while citing the risk of high oil prices and inflation, he warned.

Also Read | Crude oil seen at $70–80/bbl by May-end; Sunil Singhania flags market relief

Meanwhile, Anil Gupta, Senior Vice President and Co-Group Head Financial Sector Ratings, ICRA, explained recent Reserve Bank of India (RBI) measures affecting bank capital calculations. He said allowing quarterly profit inclusion will smooth capital reporting across quarters. At the same time, changes to investment reserves will support core equity capital ratios, even as overall capital ratios may see some adjustment.

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