Mindset to invest in equity Want to make a quick buck? – Equity may not be the right place
Confused…..Let us explain
A group of people had together decided to put money in a single stock based on some so-called ‘hot tips’. They were assured that the stock price will double in few months. What an incredible and an easy way to make quick buck, isn’t it?
We are witnessing a transition of investment from traditional assets to more financial assets. This trend has begun quite a long ago but the impetus has been more so in last few years on various steps on financial inclusion and awareness. There are still 126 lakh crores (June 30, 2019) lying in bank deposits which may find its way towards new avenues.
Interview by Investment Director Mr. Amit Doshi in Moneycontrol.
In the current environment investing in selective big names is because investors are “running for safety” and not for returns, something that should change once the overall sentiment improves, Amit Doshi, Investment Director at Care PMS, said in an interview to Moneycontrol’s Kshitij Anand.
Recent Coverage of Care PMS Strategy in Economic Times
CARE PMS’s smallcap scheme Growth Plus Value (up 16.58 per cent), Unifi Capital’s Hold Co Fund (up 12.80 per cent) and Marcellus’ Rs 456 crore largecap scheme Consistent Compounders (up 11.40 per cent) emerged top performers of the month.
Emkay Investment Managers’ Emkay Lead PMS, Sundaram AMC’s SISOP, Sameeksha Capital’s Multicap equity fund, Marathon Trends’ Megatrends, Accuracap’s Dynamo delivered 10-11 per cent.