Call us!


India inflation continues to fall benefiting both Indian Fixed Income investors and Indian equity holders as the central bank can consider lowering rates.

India Oct CPI inflation at series low Oct CPI at 5.5%YoY vs 6.5% in Sep came marginally lower than consensus at 5.7%. The core CPI marked a series low at 5.86% (Sep core at 5.9%).

Price momentum at 0.1%MoM was tracking the decline in food prices. The core momentum inched up to 0.4%MoM tracking higher housing price momentum.

The food, beverages and tobacco index (49.7% weight in overall CPI) marked a 0.1% MoM fall largely due to lower vegetable, fruits and sugar prices.

Source: Excel Investment Counsel


Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.