New Delhi, Feb. 10 -- In an uncertain financial landscape marred by slow earnings growth at home and global tariff tantrums, the best equity strategy for the householder is to not allocate just to equities, but to also channel savings into debt, global stocks, realty, gold and silver, according to the investment head of the country's second-largest fund house.
Those choosing the systematic investment plan (SIP) route should avoid pumping money into overvalued small- and mid-cap stocks and focus instead on large-cap, flexi-cap and hybrid funds, said S. Naren, executive director and chief investment officer at ICICI Prudential Asset Management Company Ltd, which manages assets worth over Rs.9.18 trillion.
Edited excerpts:
As of February ...
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