Forbes India Poll of the Country's Top Fund Managers

Even in bad times, fund managers are known to be optimistic. But this time round, they too have become cautious. Th is was revealed in the Forbes India poll of the country’s eight top fund managers. They either expect the market to post humble returns in 2011 or don’t want to predict anything at all. They agree that the market is overvalued but at the same time they don’t want to get into cash. They are worried about inflation and interest rates and are divided over the direction of corporate profitability.