Nivesh Ka Funda: Expect low returns this year, focus on flexi-cap and multi-cap funds says Mahesh Patil of AB Sun Life AMC

Mahesh Patil, Chief Investment Officer (CIO), Aditya Birla Sun Life AMC Ltd. said that the market will remain volatile and the expectation of big returns this year is quite low. He suggested focusing on Flexi-cap and multi-cap funds.

He said so while speaking with Zee Business Managing Editor Anil Singhvi in a popular Tv show 'Nivesh Ka Funda', where he expressed his views on the market and said the market may improve and one should be ready for it.

Singhvi said that relief has come in the market. Talking about this, Patil said that the market witnessed a lot of ups and downs this year. In fact, volatility is still increasing. The effect of the Russia-Ukraine conflict in the market, inflation, commodity prices has now calmed down a bit, but its effect will remain on the overall GDP growth of companies.

Talking about yesterday's Fed meeting, the CIO said, the Fed raised interest rates by 25 bps and expects about 6 rate hikes this year. It affects overall global growth as they go down. Also, the growth rate of the US which was around 4% has come down to 2.83%.

The situation in India is fine for now, but the rise in commodity prices may affect the earnings and growth of companies, said the CIO of AB Sun Life AMC.

Is this time to invest in Mutual Funds?
Patel said volatility will remain in the market but correction can come, be ready for it. He suggested investing in the form of SIP and STP for those investors who are waiting to invest in the market. You should invest a bit at each level, as it is very difficult to predict where the market will peak out and where the bottom will be, CIO advised.

Which Funds are Best for fresh investment?
He said that recently there has been a correction in midcap, small-cap, and large-cap. But the large-cap will provide more safety in this environment. He suggested that flexi-cap and multi-cap funds would be a wise choice for your portfolio.

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इस साल बडे़ रिटर्न की उम्मीद काफी कम, रियल एस्टेट. इंडस्ट्रियल, इंफ्रा सेक्टर पर फोकस करें : महेश पाटिल, CIO, AB सन लाइफ AMC@AnilSinghvi_ | @abslmf pic.twitter.com/VJH3f9CRnF

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