2022 Investment Mantra: Investors with balanced risk appetite must invest in large & mid cap stocks; gold, debt MF also suitable: Amit Jain of Ashika Group
The year 2021 has been remarkable in terms of returns generated by equities and related financial instruments
The year 2021 has been remarkable in terms of returns generated by equities and related financial instruments. Sectoral indices were seen outpacing the benchmarks Nifty50 and the S&P BSE Sensex. As we step in the New Year, Amit Jain, Chief Strategist - Global Asset Classes at Ashika Group, speaks about mantras to create wealth, strategy to build a sustainable portfolio and how one should allocate their fund in order to make most of the New Year. He also shares his views on Indian market value and international market value and tells you how you can balance risk and returns in a portfolio—Excerpts.
1. What should be the mantra to create wealth in 2022?
There is only one mantra to create wealth, that is whatever your age is, invest that percentage amount in quality large cap stocks & rest can be equally divided in midcaps & debt mutual funds. Do follow a systematic investment process as the market is near its lifetime high.
2. What should be an ideal portfolio? How one can build a sustainable portfolio to achieve financial goals?
Ideal portfolio depends on Individual risk appetite & age bracket. It may differ from individual to individual. Ideally, if you are a middle-age person, then your portfolio should be as below:
Large Cap- 30%
Mid Cap- 40%
Gold- 15%
Debt MF- 15%
See Zee Business Live TV Streaming Below:
3. Equities, mutual funds, gold—How much fund of one's portfolio an individual should allocate to these financial instruments, and where do they stand vis-à-vis traditional saving schemes like FD, post office schemes, NPS etc?
I will suggest the above table suitable for all Investors, who have a balanced risk appetite. Extremely conservative or risk averse Investors can still invest in traditional schemes like FD, post office schemes, NPS etc.
4. Investment strategy one should apply for the New Year
Invest in equities, gold & real estate if you are long-term Investors. You may move your debt mutual fund or FD portfolio to gold, keeping the 2030 in mind. In the last 10 years, Debt mutual funds have outperformed Gold Investments. However, in the next 10 years, keeping the year 2030 in mind, gold will outperform debt mutual funds.
5. Your Views on 2022 Indian Market Value
For Indian markets in 2021, IT sectors had been the leading sector of stock market with 200% ROI at broader index levels, where Individual stocks had given ROI up to 500 % since March 2020 lows. This sector will continue to outperform the broader market as the world is moving towards digitalization. Other outperforming sectors for 2021 had been Metals, Chemicals, and Manufacturing & Retailing.
These sectors may see some time correction in 2022, as some of the undervalued sectors may lead the rally for New Year 2022.
For CY 2022, we believe the banking, automobile, healthcare & infrastructure sector may lead the pack for a broader market. We also feel value investing opportunities in selected PSU space, which offers very high dividend yield at current valuation. There are higher chances that we may see more PSU candidates for divestment list, once we have LIC IPO in CY 2022.
6. International market value one should expect for this New Year
In our view, CY 2022 is going to be a year of consolidation for Global Markets with all the gains accomplished in the last two years. This Global stock market rally had been fuelled by the US Fed, with easy monetary policy post Covid-19. In the last two years Global Central banks had printed $ 9 trillion, which is the highest ever money printed by Global Central banks in a specified time span.
In 2021, globally commodity markets had seen a dream run post covid-19 era due to excess liquidity created by Global central banks & some supply side disruptions from China, which has created inflationary pressure in World Economies. Also, the US Government has committed $ 2 trillion for Infrastructure development which has created an optimism rally in the Global Commodity Market in 2021.
Now at the beginning of the year 2022, the US Fed has decided to taper the pace of money printing & also systematically raise the interest rate in the next two years, which may put this excess liquidity under check. Also, it can impact the frothy valuations of global stock markets unless corporate earnings really catch up with these valuations. Also, increasing rate of interest may contract the PE multiple for Global equities.
7. How to balance risk and return in portfolio?
To balance risk and returns in a portfolio, one must make due weightage of equity, debt and gold instruments. Ideally, mutual funds are a good product category for this kind of Investors. They can choose suitable schemes based on their risk-return profile.
(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.