Quality over Momentum, reasonable valuations over expensive valuations and moderate return expectations with focus on asset allocation will be the key mantra
FinTech BizNews Service
Mumbai, 25 October, 2024: Nilesh Shah, MD, Kotak Mahindra AMC, has shared valuable guidance on Diwali 2024- Samvat 2081:
Last year was an exceptional year where Equity, Debt and Gold delivered very good return. the small and mid cap despite recent correction has done extremely well.
While our long term growth story is intact, green shoots on consumption as well as private investment is not sustaining.
We expect returns across debt equity and gold to converge to a narrow range. Investors will have to moderate return expectations significantly.
Quality over Momentum, reasonable valuations over expensive valuations and moderate return expectations with focus on asset allocation will be the key mantra for this samvat 2081.
