Nivesh Ka Fund: Pankaj Tibrewal, Senior EVP, Kotak Mutual Fund says do not compare 2022 with returns of last 2 years. The market usually gives a positive return for 6 years, but in the seventh year it sees a decline. In such a situation, only a few selected sectors will see good growth.
Only a few selected sectors will see good growth this year, the focus should be on saving this year: Pankaj Tibrewal, Senior EVP, Kotak Mutual Fund
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– Zee Business (ZeeBusiness) March 4, 2022
‘Only growth in certain sectors will be visible’
“Don’t compare 2022 with the returns of the last two years,” he said. The market usually gives a positive return for 6 years, but in the seventh year it sees a decline. This year too we are seeing many risks. In such a situation, only a few selected sectors will see good growth. Therefore, attention should also be paid to saving such money. If investors are in that particular sector, they will make a profit, otherwise they may incur losses.
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According to experts, the valuation is declining in the long run after the fall. It has reached the PE of 19. It attracts market investors. “People should not invest for a short period of time, that is, for a few months,” he said. It will be better if you invest for 2-3 or 5 years. The good news is that we are in a strong position on the economic front. So these fluctuations will not make any difference. But it is important that we invest wisely. That is, investors should focus on saving more than investing money.
What should investors do now?
Pankaj Tibrewal said the fall was an opportunity for long-term investors. There will be a lot of volatility in the market this year. On the other hand, there is a drop in prices of daily commodities. Due to this interest rate may increase. Now it is better not to invest together. Invest money after a short time. Its return will probably be seen after 2-3 years.