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'Money needs time to grow'

'Money needs time to grow'

The fund manager, Principal Large Cap Fund shares his investment mantra with you.

Pramod Gupta, Fund Manager, Principal Large Cap Fund
Pramod Gupta, Fund Manager, Principal Large Cap Fund

Past positions: Was head of research in Principal AMC. Before that worked as a research analyst in HSBC.

Investment mantra: Look for companies with solid propositions and long-term sustainable business model at fair valuations. Do fundamental research and be thorough on numbers.

Best call over the past few months: Axis Bank.

Worst call over the past few months: i-flex Solutions.

Top picks right now: Banking and financial sector, and capital goods sector.

Advice to small investors: Don’t look for fast short-term gains. Rather, invest for long term and give time to your money to grow.

Worst mistake small investors make: Buying stocks on rumours and market noises.

 

Pramod Gupta is fund manager, Principal Large Cap Fund.