Smart Investment Plan Worth Rs 10 Lakh: Stick to Indian Market, Says Nimesh Chandan
In an ever-fluctuating financial landscape, expert advice can be a beacon for investors. Nimesh Chandan of Bajaj Finserv Mutual Fund offers a strategy that domestic investors should not overlook, focusing on the resilient Indian market.
Strategic Investment Allocation
Nimesh Chandan advocates a diversified approach, suggesting aggressive investors should allocate 70% of their Rs 10 lakh investment to equities. He emphasizes, “Equities yield higher returns over the long term, especially in India’s growing market.” For some security and diversification, 5% should go into gold, a traditional safe haven. Finally, a conservative 25% allocation to fixed income ensures stability in the portfolio.
Why The Indian Market?
Chandan’s confidence in the Indian market stems from its robust growth potential. According to Moneycontrol, India is poised for continued expansion, benefiting from a young workforce and technological advancements. This positions it as a promising landscape for investment growth, an opportunity that shouldn’t be missed by domestic investors.
Gold: The Timeless Asset
While only a small percentage, gold remains a critical component of Chandan’s strategy, acting as a buffer during volatile periods. Its enduring value provides reassurance against economic uncertainty, making it an irreplaceable part of a balanced investment portfolio.
Fixed Income: Stability Amidst Volatility
For risk-averse individuals, Chandan suggests a 25% investment in fixed income. This stable component can protect investor capital against market swings, providing a reliable income stream while maintaining portfolio balance.
The Road Ahead: Stay Informed
Investors should continuously keep an eye on economic trends and expert insights. Chandan advises, “Information is key in making informed decisions” As technology evolves, staying updated is more accessible than ever through financial apps and online resources.
With these insights, Chandan not only highlights the lucrative prospects of the Indian market but also demonstrates how a balanced investment can navigate financial uncertainties. It’s a reminder that with the right strategy, every Rs 10 lakh can be a stepping stone to a prosperous future.
