ETMarkets Smart Talk | Stagger investment till March 2024; infra, PSU bank among 8 sectors to bet on: Rakesh Pujara
“It is not a bad idea to stagger one's investment till March 2024 in three equal instalments each month, and then we are looking at a full-blown bull market for the rest of the year,” saysRakesh Pujara, Founder and Managing Partner at Compounding Wealth Advisors LLP.
In an interview with ETMarkets, Pujara said, “We have identified eight sectors based on our proprietary models that look very promising and strong enough to deliver good returns this year such as infra, realty, IT, PSU Banks etc.,” Edited excerpts:
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Offering CollegeCourseWebsiteIndian School of BusinessISB Chief Digital OfficerVisitIndian School of BusinessISB Chief Technology OfficerVisitIIM LucknowIIML Chief Marketing Officer ProgrammeVisitWe had a good 2023, markets are trading at all-time highs – does it make you cautious as we step into 2024? What is your view on markets?
Yes, definitely. One must be cautiously optimistic going forward into 2024. It is not a bad idea to stagger one's investment till March 2024 in three equal instalments each month, and then we are looking at a full-blown bull market for the rest of the year.
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Last time when we interacted you did mention about Smallcase launch – how is that journey going?
It has been a watershed year for us at CWA. We launched six smallcases on the Smallcase platform on March 22, 2023, and in hindsight, we can tell you that we couldn't have timed it better.
Our investors had amazing gains of 71.5% in CWA All Caps 35 smallcase, that being the highest and the average being 54.95%.
So, in a way, our interview with you turned out to be very auspicious for us and
