News From Press ‘Avoid investing in single asset, diversification is important’

‘Avoid investing in single asset, diversification is important’

Sundeep Sikka, ED and CEO of Nippon Life India AMC, is a firm believer in long-term investing strategy

Mint Apr 29, 2020

Having seen multiple market cycles, including the one in 2008, Sundeep Sikka, executive director and chief executive officer, Nippon Life India Asset Management Ltd (formerly Reliance Nippon Life Asset Management Ltd), said markets don’t remain volatile for perpetuity. They do tend to rebound with higher intensity once the correction phase gets over, he added. Therefore, Sikka is a firm believer in long-term investing.

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