ETMarkets Smart Talk: Wealth creation mantra! 4 reasons why SIP contribution could rise by 10-15%: Shiv Sehgal
“SIPs have seen a consistent rise for almost a decade now. They are up nearly 10x over the last decade and have significantly helped lower the market volatility and aided in wealth creation of retail investors” says Shiv Sehgal, President & Head, Nuvama Capital Markets.
In an interview with ETMarkets, Sehgal said: “I wouldn’t be surprised if this number rose by another 10-15% from hereon,” Edited excerpts:
The India investor conference has been 19th year in a row now? What has been the outcome of your discussions with the FIIs congregated for the same?
Shiv Sehgal: The Nuvama India conference is a flagship conference that we have been running it for 2 decades and is the second under the Nuvama umbrella.
Unlock Leadership Excellence with a Range of CXO Courses
Offering CollegeCourseWebsiteIIM KozhikodeIIMK Chief Product Officer ProgrammeVisitIndian School of BusinessISB Chief Digital OfficerVisitIIM LucknowIIML Chief Operations Officer ProgrammeVisitNuvama India conference is the first one that happens in the year and one of the largest conferences with more than 190 companies and 700 investors participating in the same.
What’s more heartening is the improving scale and sentiments at our conference every year. This time around as well, the exuberance around India amongst FIIs is one of the highest that I have seen in long time.
Perhaps rightly so, after all India is one of the few economies with cyclical (improving credit growth and real estate cycle) as well as structural (low debt, demography, etc.) tailwinds.
