J.P. Morgan Asset Management – ValueNotes Investment Confidence Index, Wave V

Corporate confidence in India remains subdued

Oct 2010:

The 5th wave of the J.P. Morgan Asset Management – ValueNotes Investment Confidence Index (ICI) in India suggests that a range of economic factors have dented corporate confidence levels, but retail and advisor confidence has improved across all indicators. The results of the current survey clearly suggest climate change is beginning to worry the Indian investor. Increased protectionism in the developed world has also started to weigh on sentiment within the Indian financial community.

Key findings include –


  • Retail and advisor confidence have improved across all indicators, while corporate confidence remains subdued
  • The financial community remains optimistic about the domestic economy, but is concerned about US/global economic growth, increasing protectionism and climate change
  • Overall confidence highest among Chennai investors and IFAs
  • Delhi is the only city to have witnessed a steady rise in confidence since September 2009
  • Debt mutual funds maintain their popularity among corporates; retail investors become cautious
  • Corporate sentiment about BSE Sensex declines


– To download a complimentary copy of the presentation, please follow this link


To read about the findings of the other waves of the Investment Confidence Index, follow the links below:

Show Buttons
Hide Buttons