Mutual Fund investments are subject to market risk, read all scheme related documents carefully. Disclaimer: This e-mail (including any attachments) is intended only for the person or entity to which it is addressed and may contain confidential, non-public, privileged and/or copyright material. If you are not the intended recipient, be advised that you have received this e-mail in error and that use, dissemination, forwarding, printing, copying of this email or taking of any action in reliance upon it by you or entities other than the intended recipient is strictly prohibited. In such case, please notify immediately to the sender by email that you are not the intended recipient and delete such material and all copies of it from your system. Any comments or statements made in this e-mail may be personal to the author and may not necessarily be those of Quantum Asset Management Company Pvt Ltd, its subsidiaries or affiliates. This e-mail is provided for information purposes and should not be construed as a solicitation or offer to buy or sell any securities or related financial instruments in any jurisdiction, unless specifically indicated. All e-mails sent from or received by our corporate e-mail system, are subject to our internal policies and procedures and may be reviewed by the firm’s authorized person/s, other than the sender or the recipient. E-mail communications are not secure and are capable of interception, corruption and delays. Anyone communicating with us by e-mail accepts the risks of e-mail communications and their consequences. WARNING: Computer viruses can be transmitted via email. The recipient should check this email and any attachments for the presence of viruses. The company accepts no liability for any damage caused by any virus transmitted by this email.

 

Quote :

The inflation outlook has deteriorated a lot in the last few months. Based on the recent price actions and the underlying trend across various goods and services, CPI is expected to jump past the RBI’s 6% upper threshold this month and sustain above the 6% mark in most part of 2022. Given the growth is recovering at a steady pace, the MPC can shift its focus to inflation.

We expect a relatively hawkish tilt in this policy. The RBI may look past the Omicron related uncertainty and continue with its policy normalisation.  There is a high possibility of a reverse repo rate hike by 15-20basis points in this policy. It should be followed by another reverse repo rate hike in February next year and repo rate hikes in the latter part of 2022.

The direction of the monetary policy is more or less discounted in the market expectation and the current steep yield curve. Incremental change in the market expectations will be driven by the timing of stance change, the pace of rate hikes and the length of the rate hiking cycle or the terminal repo rate.

Mutual Fund investments are subject to market risk, read all scheme related documents carefully.

Disclaimer: This e-mail (including any attachments) is intended only for the person or entity to which it is addressed and may contain confidential, non-public, privileged and/or copyright material. If you are not the intended recipient, be advised that you have received this e-mail in error and that use, dissemination, forwarding, printing, copying of this email or taking of any action in reliance upon it by you or entities other than the intended recipient is strictly prohibited. In such case, please notify immediately to the sender by email that you are not the intended recipient and delete such material and all copies of it from your system. Any comments or statements made in this e-mail may be personal to the author and may not necessarily be those of Quantum Asset Management Company Pvt Ltd, its subsidiaries or affiliates. This e-mail is provided for information purposes and should not be construed as a solicitation or offer to buy or sell any securities or related financial instruments in any jurisdiction, unless specifically indicated. All e-mails sent from or received by our corporate e-mail system, are subject to our internal policies and procedures and may be reviewed by the firm’s authorized person/s, other than the sender or the recipient. E-mail communications are not secure and are capable of interception, corruption and delays. Anyone communicating with us by e-mail accepts the risks of e-mail communications and their consequences.

WARNING: Computer viruses can be transmitted via email. The recipient should check this email and any attachments for the presence of viruses. The company accepts no liability for any damage caused by any virus transmitted by this email.