Past positions: Has worked with Pioneer ITI AMC. Was CEO of Kotak Mahindra AMC.
Investment mantra: Focus on long-term fundamentals and inherent value of a company.
Best call over the past few months: Banks for one.
Worst call over the past few months: Cement.
Top picks right now: Capital goods, infrastructure, media and telecom.
Advice to small investors: Not investing is not an option. Enter the market directly only if you have the three Ts: time, temperament and training.
Worst mistake small investors make: Most Indians save in fixed-return options. These barely beat inflation.
The one thing they must never forget: Focus on post-tax, post-inflation returns which meet your financial plan.
By Ajay Bagga, Chief Executive Officer, Lotus India AMC
