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'Volatility offers opportunities'

Volatility gives an advantage to those who invest in equities for the long term.The present scenario will prove to be an ideal opportunity.

Pradeep Kumar        Print Edition: September 4, 2008

Pradeep Kumar
Pradeep Kumar

Track record: Worked with ABN Amro Asset Management and DBS Chola Asset Management as fund manager.

Investment mantra: Follow a disciplined stock selection process with a proper balance between risk and return.

Best call over the past few months: Buying FMCG stocks.Also, we remained underweight in IT services as the central issue for the sector is demand uncertainty, which is led by the weakness in the US economy.

Top picks right now: Reliance Industries, ITC, Larsen & Toubro and Exide.

Worst mistake small investors make: They have a herd mentality and try to time the market, which is practically impossible.

Advice to small investors: Volatility gives an advantage to those who invest in equities for the long term.The present scenario will prove to be an ideal opportunity. Also, before investing, they must research well and then keep track of their investments.


Pradeep Kumar, Fund Manager, Equity, Lotus India Mutual Fund

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