Nilesh Shah, Managing Director of Kotak Mahindra AMC, spoke to CNBC-TV18 about how to allocate assets for a regular, long-term and disciplined investment.
“No matter what the market condition is, rule of making money continues to remain the same — be a regular investor, keep on putting incrementally some money into various asset classes. Second, be a long-term investor because it is difficult to predict short-term and difficult to trade in the short-term and third, maintain disciplined asset allocation – don’t put all eggs in one basket,” advised Shah.
With regards to fund flows, he said, “Liquid funds have recovered in October and November and the pace of outflows from credit funds have reduced in November and October. One is seeing positive inflows in liquid funds and short-term bond fund and margins outflows in credit risk funds.”