U.S., Europe Crisis to Boost Flows to India, Reliance Asset Says

Sunil Singhania, head of equities at Reliance Capital Asset Management Ltd., India’s biggest money manager, comments on the outlook for the nation’s stocks. He spoke in an interview with Bloomberg UTV. Reliance Capital’s mutual fund unit manages $23 billion in assets.

Reliance Growth Fund, managed by Singhania, has risen 37 percent annually in the past 10 years, the most among active funds focused on Indian equities with a record going back a decade, according to data compiled by Bloomberg.