Indian equities are undergoing a cyclical correction rather than heading into a broad-based earnings reset, according to Krishna Sanghavi, chief investment officer for equities at Mahindra Manulife Mutual Fund.
The fund house remains neutral on equities as energy price volatility, geopolitical tensions, AI-led disruption risks and strong primary-market activity weigh on sentiment. Sanghavi says corporate earnings remain resilient, but investors should expect greater volatility and rely on stock-specific opportunities across both long and short positions.
