India now permits full foreign ownership in insurance firms. However, industry experts believe this change will not immediately bring many new foreign companies. Setting up an insurer requires substantial investment and a long-term view in a competitive market. Existing joint ventures might see increased stakes, but new ventures from scratch are unlikely.
ETMarkets PMS Talk | We stayed fully invested through elections, tariffs and war fears — and outperformed: Manish Gupta & Viraj Mahadevia of MoneyGrow PMS
MoneyGrow PMS has navigated market volatility by focusing on businesses with consistent earnings growth. The fund house identifies opportunities in financials, manufacturing, and capital markets.