Don’t be scared of drawdowns in the stock market and, instead, look for the right opportunities.
That’s according to Rajesh Kothari, managing director of AlfAccurate Advisors Pvt. that manages assets worth Rs 1,200 crore. Corrections are part of any bull market, and it won’t be different this time around, he said. A balanced approach will help generate returns, he said.
“In the last 21 years, if investors had put money into the market during the downturns, they’d have made 9-18% compounded returns over that period,” he told BloombergQuint’s Niraj Shah in an interview, citing data compiled by the investment advisory firm.