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India will be the world's fastest growing economy in 2019 with an expected growth rate of 7.3%, according to the IMF. The GDP of India has almost doubled post the global financial crisis and is likely to double again to become $5 trillion in the next decade.
The current bull run in India is led by sectors like FMCG, consumption, automobiles and financial services. Most of the companies in these sectors are high quality in nature with high visibility of quarterly earnings; many investors and fund managers have positioned themselves in this