Prashant Jain, Executive Director & CIO, HDFC MF In Conversation With Rahul Arora, CEO - Nirmal Bang

Key Takeaways From The Interview Of Prashant Jain, Executive Director & CIO, HDFC Mutual Fund with Rahul Arora, CEO, Nirmal Bang Institutional Equities in Point Of View, the ongoing series of Webinars with industry stalwarts. • There is not much divide between markets and the economy • Markets have been undervalued until the recent correction • A sharp credit fall is likely this year • Large banks will however, gain share • Not too perturbed by the rally after the deep fall • Lower interest rates will prove beneficial in a couple of ways • Looking ahead, returns over next few years will suffice • The resources with government are limited as revenue losses are very sharp • Government has done significant tax cut • External funds are solid, which is important in critical time • Some reforms have been carried out and some are awaited • There is reasonable opportunity for us to capitalize on global manufacturing • There are reasons to remain optimistic • There are misconceptions around BSE PSU Index. Only in the last two years they have underperformed. They have been performing well before that • The challenging part about the stock markets are the cycles that go up to 8 to 10 years • Like water finds its own level, stock will also find where it got to be • Stock markets can test your patience • Risk management is crucial • In the end markets are quite perfect but the period it takes for over or under valuation can be longer than people can bear pain • I have never planned in life. I just gave my best everyday • It is important to listen, admit to your mistakes, but risk management is a must • We are faced with outlier events. So, we must invest only up to our capacity to manage risks, diversify • Equities test your patience, but they reward you generously for your patience over time Here are our social media handles. Request you to follow us and stay connected for more updates: LinkedIn:   / nirmal-bang   Facebook:   / nirmalbang   Instagram:   / nirmalbanggroup   Twitter:   / nirmalbang   Visit our website on: https://www.nirmalbang.com/ View more videos on: https://www.nirmalbang.com/static/sup... Disclaimers & Disclosure: https://www.nirmalbang.com/disclaimer... https://www.nirmalbang.com/disclosure... #NirmalBang #BeyondApp #RelationshipBeyondBroking #PointOfView #HDFCMutualFund