Nifty@22K: How should investors safeguard portfolios in 2024
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View Details»However, weak domestic and global cues led to some profit-taking in the run-up to the Budget 2024 which increased volatility. However, experts believe that ‘dips’ can be used as a buying opportunity if someone has a long-term investment horizon.
As the financial markets venture into 2024, investors are faced with the dual prospects of market opportunities and heightened volatility.
Seasoned financial experts which ETMarkets spoke to provide valuable insights on how to safeguard your portfolio amid the dynamic economic landscape.
1. Quality Amidst Volatility: Nishit Master, Portfolio Manager, Axis Securities PMS
Nishit adopts a constructive outlook on Indian equity markets for the medium to long term. Acknowledging the likelihood of short-term volatility, he emphasizes the importance of investing in good-quality companies with a consistent track record of generating positive free cash flows. This strategic move aims to shield investors from the anticipated turbulence in the near future.
2. Comprehensive Portfolio Review: Mohit Ralhan, CEO, TIW Capital
Mohit advocates for a proactive approach by recommending investors to conduct a comprehensive review of their portfolios. Aligning the portfolio with individual risk tolerance and financial goals is crucial. Recognizing the success of equities and real estate in the past year, he highlights the necessity of rebalancing if allocations to these sectors surpass an investor's risk tolerance threshold. A stock-specific approach during rebalancing ensures a resilient portfolio in the face of market fluctuations.
Mohit cautions against the allure of poor-quality companies in a buoyant market.
