There will be sectors and pockets which will get adversely impacted if all-out tariff war breaks out in the world, even if India escapes world economies slowing down will have a negative impact on India. But fundamentally, India is doing things right. Indian inflation is coming down and that gives RBI scope to reduce interest rates, which should help the markets.
HDFC Defence Fund top performance chart in March with 22% return
HDFC Defence Fund topped equity mutual fund returns in March with 22%. PSU-themed funds followed, with Invesco India PSU Equity Fund and Aditya Birla SL