Saturday, June 30, 2012

SBI mutual fund CIO Navneet Munot sees silver lining for Indian markets

A bright Sun is all set to emerge soon from under the dark clouds overhanging the Indian stock markets, according to Navneet Munot, Chief Investment Officer of SBI Mutual Fund.

Mr Munot was addressing an interactive seminar organized by Indian Merchants' Chamber on the topic of "Growth Opportunities in Volatile Markets" at the Chamber. Mr Munot sought to share his insights into the Indian story and into appropriate financial products to suit the risk appetite of investors.

He attributed the present phase of volatility to poor governance at Center, economic crisis faced by many countries in the Euro zone, policy paralysis and political indecision resulting in lack of key structural reforms etc. Mr Munot said that it was not unusual for investors to feel uneasy about their investments in such a volatile market.

"But despite the sinking confidence level, experts believe that most Indian stocks, securities and other assets have retained the ability to deliver attractive returns to investors. Only, an investor needs to take the right step at right time to invest in companies / instruments that can give above normal returns."

 

Source: http://economictimes.indiatimes.com/markets/stocks/market-news/sbi-mutual-fund-cio-navneet-munot-sees-silver-lining-for-indian-markets/articleshow/14504465.cms



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'I made my money by selling too soon.'

Website: http://indianmutualfund.co.cc/

Blog:http://indianmutualfund.wordpress.com/
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1 comment:

  1. Stock Market is improvement at slow pace, so you will have to wait for some times when it will touch or these will only increase with time.

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