New Delhi, Nov. 7 -- Indian equity markets are likely to deliver moderate returns in Samvat 2083, with investors advised to prioritise asset allocation and quality stocks over momentum-driven investments amid global uncertainties and volatile market conditions, according to Kotak Mahindra Mutual Fund's annual Muhurat investment outlook.

In its 'Muhurat Picks Samvat 2083' presentation, the fund house said investors should maintain a long-term investment horizon and follow disciplined asset allocation to navigate volatility arising from geopolitical tensions, fluctuations in crude oil prices and a hawkish stance by global central banks.

Despite these external challenges, the fund house highlighted India's economic resilience, citing a pro...