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'Trading is not investing'

Mohit Verma, Chief Investment Officer (Debt), JM Financial Mutual Fund, tells us his investment mantra and gives us his opinion on what market investment should be like.

Mohit Verma | Print Edition: Nov 29, 2007

Mohit Varma
Mohit Verma

Past positions: Head of rupee fixed-income treasury at Reliance Industries. Also worked with SBI and Securities Trading Corp of India.

Investment mantra: Focus on research and analysis.

Best call over the past few months: Investing aggressively in fresh bonds issued by Nabard, PFC and SBI this year.

Worst call over the past few months: While my call of a 50 basis points cut in Fed funds rate was correct, I had expected a bigger rally in the 30-year bonds.

Top picks right now: One-year bank certificates of deposits and medium-term AAA corporate bonds.

Advice to small investors: Invest early and for the long term, be regular and diversify.

Worst mistake small investors make: They confuse trading with investment.

JM High Liquidity Fund

 

By Mohit Verma, Chief Investment Officer (Debt), JM Financial Mutual Fund

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