Cafemutual Confluence 2020 Investment Marathon’s day one turned out to be an insightful one with investors getting the much-needed clarity on the future of investments from some of the best investment minds in the world.
As many as 8 speakers addressed over 5200 audience members on topics to help them adapt to tectonic changes in the investment world and become a smarter investor. Cafemutual Confluence 2020 Investment Marathon
Among the illustrious speakers were Krishnamurthy Subramanian, Chief Economic Advisor to the Government of India and Ken Fisher, Executive Chairman and Co-CIO, Fisher Investments.
Here are the key highlights of day 1.
Krishnamurthy Subramanian, Chief Economic Advisor to the Government of India
Topic - Key economic challenges of our times
The current crisis is different from the past crises. Therefore, resorting to a push on fiscal spending cannot be the only solution. The government is waiting for the right time to do the fiscal spending.
These are extraordinary times and it requires extraordinary measures. So, it is okay if the fiscal deficit widens while pushing growth.
Ravi Gopalakrishnan, Head- Equity, Principal MF
Topic - Investment Management - Behind the scenes
The top 5 criteria to look at for picking stocks are sustainable profitability, high quality growth, efficient capital allocation, valuations and robust business dynamics.
Navneet Munot, ED & CIO, SBI MF
Topic - Investment lessons from the pandemic
Key lesson from the pandemic - uncertainty is not the same as risk. In fact, uncertainty and volatility are good for investors. But investors must not be swayed by these factors. In fact, investors should do SIP which is Staying Invested Patiently.
Anup Maheshwari, CIO & Joint CIO, IIFL MF
Topic - Importance of investment process and research in MFs
There are certain advantages that a fund house has and investors get access to it by investing in mutual funds. These advantages are access to management of a company, research team, organizational support and domain knowledge.
Ken Fisher, Executive Chairman and Co-CIO, Fisher Investments
Topic - What every investor ought to know
Current bear market is different from conventional bear markets as small cap stocks and value stocks are struggling instead of leading the market.
Typically, market reacts to an event between 3 months and 30 months period.
Vidya Bala, Founder, PrimeInvestor
Topic - How to review your mutual fund portfolio
You need to buy and hold equity funds but you need not hold the ‘same fund’ for life. If underperformance is persistent, don’t hesitate to switch. Remember that if you spot credit risk in debt funds, you need to exit immediately. But in case of equity funds, you can hold on to it for some time
Maneesh Dangi, Co-CIO, Aditya Birla Sun Life MF
Topic - Investment risk and its impact on returns
Method to reduce risk - diversification, rebalancing at both - fund level and asset allocation, avoid the risk of ruins i.e too much concentration in some risky idea, do not panic and have a friend who knows how to avoid bad funds
Sachin Relekar, CIO-Equity, LIC MF
Topic - Risk in mutual funds
Asset allocation in investor’s portfolios has to be very dynamic. Investors cannot follow a certain asset allocation mix in the initial years of investment and forget about it. It has to be revisited regularly.
Cafemutual Confluence 2020 Investment Marathon is a 3-day event. If day 1 is any indication, day 2 (August 13) and day 3 (August14) will continue the momentum and generate new ideas and insights for investors and distributors alike.
You too can register now by clicking here and be a part of India’s biggest investment conference.
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