New Delhi, Feb. 12 -- Financial news is now a 24/7 cycle of nonstop alerts, tempting investors to react to every minor market ripple. In an era where 'financial noise' has never been louder, navigating high valuations and volatile global dynamics requires more than just intelligence-it demands mental endurance.

True long-term wealth, however, rarely depends on tax tweaks or daily headlines. Mint spoke with Kalpen Parekh, managing director and chief executive officer of DSP Mutual Fund, about the discipline of tuning out the noise, risks for the Indian market over the coming year, avoiding common behavioural traps, and recent rebalances within his own portfolio.

Here are some edited excerpts from the interview.

I've been an investor sin...