#OutlookEvents | At IDFC FIRST Bank presents Outlook Money 40 After 40, Nilesh Shah, Managing Director, Kotak Mutual Fund, emphasizes the importance of understanding your risk profile. Surviving short-term market fluctuations is key to long-term wealth creation. Whether aggressive, conservative, or balanced - your investment behavior defines your success. Asset allocation funds can help navigate volatility and deliver better returns over time.
Watch his full video here:
https://www.youtube.com/watch?v=yeuq67dGNyg
#IDFCFIRSTBank #CelebrateRetirement #OutlookMoney40after40 #OutlookMoney #40After40 #FinancialPlanning
Watch his full video here:
https://www.youtube.com/watch?v=yeuq67dGNyg
#IDFCFIRSTBank #CelebrateRetirement #OutlookMoney40after40 #OutlookMoney #40After40 #FinancialPlanning
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ЁЯУЪ
LearningTranscript
00:00You have to survive in the short term to benefit in the long term.
00:06And to survive in the short term, you need to measure your risk appetite.
00:14How many people believe in you that we are aggressive investors?
00:22Now, answer your heart that when you got half-fall in COVID, did you invest or not?
00:30If you invested, then 100% you are aggressive investors.
00:35You know how to manage volatility.
00:37You can go to lunch. You won't learn anything from here.
00:43But if you were in that category of Dr. Sahib, who didn't need money, but got panicked,
00:51and converted a notional loss into real loss, then you are not aggressive investors.
00:57You are conservative investors.
00:58And conservative-aggressive, it's not a bad thing.
01:03I am medium-sized.
01:05Someone will be short, someone will be short.
01:09Someone will have blood pressure, someone will have diabetes.
01:13I have cholesterol.
01:15So, we are not good or bad.
01:18We just need to know who we are.
01:22Use the litmus test.
01:25If you have bought during COVID, in equity market, you are aggressive investors.
01:30If you sold during COVID, you are very, very conservative investors.
01:35And if you maintain your SIP, then you are average risk-taker.
01:40If you have bought a price, you are average risk-taker.
01:41If you have bought a price, you have to know how much money is going to be.
01:42But if you have bought a price, you are average risk-taker.
01:43And for the sake of buying a price, you have to know how much money is going to be.
01:44Nilesh, this is all very confusing.
01:46Everyone knows what they did in March and April,
01:50but they say that this is all very confusing.
01:54So for them, I have one of the only questions.
01:58If you are HNI,
02:00you will get the service of a private banker.
02:05But in India,
02:06mutual fund industry has a product called asset allocation fund.
02:09And this gives you expertise to a retail investor,
02:16expertise of the fund manager.
02:19And fund manager keeps on dividing between debt, equity and gold.
02:23Over last 5, 10, 15, 20 years,
02:27it has probably delivered a return which is better
02:30than what 99% of investors get.
02:35When you don't understand,
02:36you don't need to invest in asset allocation fund,
02:40and then give the time.
02:44Let the fund manager do the allocation
02:46between debt, equity and gold.
02:49There will be undoubtedly ups and downs,
02:52but over a period of time,
02:55it will create enough value.
02:57Always remember,
03:02Na dherian vina lakshmi,
03:05Na soryan vina jaya,
03:08Na dhanen vina moksha,
03:12And na dhanen vina yash.
03:14There is a long term investment and disciplined investment.
03:40Huzar o' sal pehle,
03:43Humar e purkhye,
03:44Yeh keh ke gae thay.
03:47Bus usi ko follow kerna hai,
03:49To overcome the volatility.