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Past positions: Worked with Corporation Bank and IDBI Bank. Has been with Kotak for the past five years managing fixed income, structured products and gold ETF.
Investment mantra: Whenever market provides opportunity, book profits. Risk management is also important.
View on interest rate movements: Interest rates will decline from current levels, as RBI will take steps to moderate and keep inflationary expectations under check.
Interest rate outlook: Interest rates are headed lower over next six months. If deposit growth continues at 25% and credit growth does not improve, then rates have nowhere to go except southward.
Advice to small investors: They should always have a mix of both equities and debt funds.The correct mix of both depends upon the age profile and risk-taking capacity of the investor.
Worst mistake small investors make: Not investing at regular intervals and not knowing their financial goals.
Ritesh Jain is Head of Fixed Income, Kotak Mahindra Mutual Fund
