Mark Mobius Said India Will Get More Money Normally Than China

Mark Mobius gave a statement that India would get more money earlier than it would have normally gone to China. Mark is the founder of Mobius Capital Markets and works as a pioneer as an emerging markets investment guru.

Mark Mobius Said India Will Get A More Money Normally Then China [Credit-Finclusion]

Mark Mobius believes that a lot of the money, re-investment, that was supposed to go to China is coming to India. His comments rectified the situation as China's FDI inflows declined nearly 10% for the first time since 1998.

India Attracting More Money Via Profit And Investment-Friendly Policies:

Mark said during an interview session with CNBC-TV18,

"If you look at the numbers, you will see flows of money coming to India have been quite substantial and are increasing timely. It includes not only portfolio investments but also private investments. So, India is going to get a lot of money that normally would have gone to China." 

Mobius added that there would still be investors willing to invest in China, but India would continue to be the beneficiary of this trend. 

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Mark Morbius About Indian Stock Market:

In an interview, Mobius elaborated that they look at the return on investments over the price-earnings ratio or price-to-book value ratio. Mark said it was amazed to scan the Indian market to gauge how many companies provide a high return on investment.

Mark Mobius and Indian Stock Market [Credit-BRR]

If you have a pattern of a high return on investment, you have a lot of money to reinvest and grow. Speaking at the Morningstar Investment Conference, Mobius expects that Sensex will reach 100,000 in the next five years.

Mark said, "I think the Sensex will go to 100,000 in the next five years easily... but there will be corrections on the way." He further added that there will be downturns as the markets like that. He likes it when markets go down because it allows you to buy cheaply.

Mark is satisfied with the outlook for the Indian economy. He looks excited due to positive factors such as diversity, creativity, young population, adoption of technology, and demographics. India is the second-largest economy in terms of country exposure in their portfolio.

Thanks and Regards 

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