If the Lok Sabha results are in line with market expectations, double-digit returns can’t be ruled out in the current financial year, says Santosh Joseph. From a valuation perspective, banking, IT and pharma are looking good
One way to invest your money is to top up the existing portfolio, while another alternative is to diversify into multiple assets such as equity, debt and fixed income instruments by investing into multi-asset funds, suggests an expert.
Santosh Joseph believes, for the economy to perform well, consumption and even domestic imports must increase. Although global demand is rising slightly, domestic demand remains low. It is time for the consumption sector to turn around.
Private banks are clearly available at an extremely lucrative valuation right now, says Santosh Joseph of Refolio Investments and Germinate Investor Services LLP
While seeking guaranteed returns and capital preservation, FDs might be your match. But if you have a long-term perspective and are comfortable with some volatility while chasing higher returns, MFs could be the key to unlocking your financial potential.