Diwali to Diwali: Anil Singhvi shows investors where the money is | Top Tips by Nilesh Shah, Sunil Singhania
Barring the debt markets, an upward momentum can be seen in all the asset class including equities and gold. What will be the scenario for equities, gold real estate and fixed income over the next one year? Zee Business Managing Editor Anil Singhvi speaks to experts to know the prospects for each of these asset class and what investors should do to make money
Barring the debt markets, an upward momentum can be seen in all the asset class including equities and gold. What will be the scenario for equities, gold real estate and fixed income over the next one year? Zee Business Managing Editor Anil Singhvi speaks to experts to know the prospects for each of these asset class and what investors should do to make money.
Shah of Kotak Asset Management tells the Market Guru that the commercial real estate could see problems because of price appreciation as most of the companies will be following the work from home model.
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He further said that there could be some appreciation in the residential real estate as many people would prefer to shift to tier 2 cities from metros because of the work from home culture. They would need a bigger house and bigger rooms. The tier 2 residential real estate is likely to do well, he said.
On equities, he said that if there is no second wave of infection and if the vaccine comes, then this asset class will continue to do well.
People who are inclined towards gold investments should remember that there is an import duty of 12.5 per cent and if the duty is reduced then the returns on gold in terms of rupee will reduce. But the returns on gold and equities are likely to remain near each other.
As for the fixed income asset class, since the risks are less the returns are also less. But, if you remain invested in these instruments for longer periods, as the interest rates come down the coupon rates and capital appreciation will give good returns.
Another expert Sunil Singhania of Abakkus Asset Management said that the he expected equities to do well and give highest returns among all other asset class. He said that next 2-3 years will be good for mid cap and small caps. He said that he sees residential real estate to get good traction but there will be no price appreciation. It is wise to remain away from commercial real estate, he opined. Meanwhile, fixed income will give 5-6 per cent returns. He said that Gold will remain positive as the dollar was heading in a weak territory. All commodities barring oil will do well, he said.
The third panelist Navneet Munot of SBI Mutual Fund said that a new growth cycle is beginning which will be good for equity. It will be important to keep away the second wave of covid and also keep an eye on geo-political tensions.
The fixed income asset class are seeing falling rates, which are unlikely to go down further. He said that it can be used for accrual.
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On the real estate segment, he said that he agreed to the other panelists. He expected the access inventory to get cleared. Gold can be used as a hedge.
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