NewsStocksInvesco Mutual Fund CIO Taher Badshah Sees Earnings Momentum Building, Favors Real Estate Developers

Invesco Mutual Fund CIO Taher Badshah Sees Earnings Momentum Building, Favors Real Estate Developers

Author: CNBC-TV18 Markets·

Key Takeaways

  • Taher Badshah, CIO of Invesco Mutual Fund with approximately $15 billion in assets under management, believes earnings momentum is accelerating across Indian markets.
  • Badshah is particularly constructive on real estate developers, driven by robust primary housing sales observed across multiple Indian markets.
  • India's residential real estate recovery has been fueled by improved affordability, stable RBI interest rates, and sustained demand in cities such as Mumbai, Bengaluru, Delhi-NCR, and Hyderabad.
  • The 2016 implementation of the Real Estate Regulation and Development Act has enhanced sector transparency and strengthened homebuyer confidence over recent years.
  • Institutional investors are closely tracking India's corporate earnings trends for evidence of sustained and broad-based economic improvement in one of the world's fastest-growing major economies.
Invesco Mutual Fund CIO Taher Badshah Sees Earnings Momentum Building, Favors Real Estate Developers

Taher Badshah, Chief Investment Officer at Invesco Mutual Fund, which manages approximately $15 billion in assets, has indicated that earnings momentum is building across Indian markets. India has been among the world's fastest-growing major economies, and corporate earnings trends are being closely watched by institutional investors for signs of sustained, broad-based improvement. In comments shared with CNBC-TV18, Badshah outlined his current investment positioning and highlighted sectors he views favorably.

Badshah remains particularly constructive on real estate developers, pointing to healthy primary housing sales recorded across several markets. India's residential real estate sector has experienced a broad-based recovery in recent years, supported by improved affordability, relatively stable interest rates maintained by the Reserve Bank of India, and sustained demand across major metropolitan areas including Mumbai, Bengaluru, Delhi-NCR, and Hyderabad. The implementation of the Real Estate (Regulation and Development) Act, 2016 (RERA) has also contributed to greater transparency and homebuyer confidence in the sector over recent years.

Invesco Mutual Fund is the Indian asset management arm of Invesco Ltd., a global investment management firm headquartered in Atlanta, Georgia. The fund house offers a range of equity, debt, and hybrid investment products catering to retail and institutional investors in India.

CNBC-TV18 is one of India's leading business news television channels, providing market coverage, corporate news, and analysis. The article was published on the network's digital platform.

Source: CNBC-TV18 Markets