New Delhi, March 26 -- It's not about predicting the next three-six months, but making decisions that shape wealth 5-10 years ahead, said Harish Krishnan, chief investment officer (CIO)-equity at Aditya Birla Sun Life AMC, who manages assets of around Rs.2 trillion.
"A correction of this magnitude warrants more aggressive equity investing, depending on risk appetite, as a reasonable part of the market is now fairly valued or offering better value than six to nine months ago," he said in an interview.
Krishnan is increasing exposure to three areas:
To fund these, the Aditya Birla Sun Life CIO is reducing exposure to auto companies and taking a cautious stance on investment-linked companies.
Edited excerpts:
If one parks the current vo...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.