Tantallon India Fund Report, March 2025
The Tantallon India Fund closed up +6.94% in March with markets staging a smart recovery reassured by a consumer-friendly budget, the Reserve Bank of India shifting course and injecting liquidity into the system, and some marginal foreign inflows after six months of relentless foreign institutional investor selling. The fact of the matter is that March is already well in the rear-view mirror following the tariff tantrums over the last few days.
What an extraordinary start to April, with muddled mixed metaphors on social media posts punctuating an algorithm-driven trading whiplash across ALL risk markets.
