Starting today Savant 2078 we are entering a new market. May be new samvat will give a little less return than previous samvat but no doubt we will get many good opportunities in new samvat also. Diwali is considered an auspicious time to start a new investment, but before starting a new one, we should have an idea about how the coming time can be. We are starting the new year with a correction. Since the Indian market is far more run-away than its global counterparts. So now a correction of 10-15% is possible in it.
Next year will be the year of sectoral shift. In the new year, we may see weakness in sectors like FMCG and pharma, but on the other hand industrial, financial, consumption stocks like auto will see a rise due to cyclical recovery. On the other hand, the fear of inflation will prevail due to the continuous increase in commodity prices. Apart from this, in the next year, the eyes of investors will remain on the policy of central banks on controlling inflation and estimulus program.
After many years, the Indian economy is showing strength. Even if there is any reduction in stimulus efforts by the government, the market will remain bullish but the market will not be good for all investors. This market will benefit only those people who will bet wisely on selected stocks and sectors.
In this situation let us see where you should bet if you want to invest 10 lakh rupees this Diwali.
First of all, you should bet according to your risk appetite, if you are a high risk investor, then put your entire investment in selected equity funds or stocks. On the other hand, if you are a moderate risk investor, then invest 30-40 percent in short term debt funds, corporate bond funds and gold. On the other hand, if you want to take very low risk, then increase your investment in debt to 50-80 percent and stay away from debt funds with high risk.
While allocating in equities, you can invest 20% of your corpus in a Nifty index fund or ETF for better returns and the rest in a sectoral fund or good equity.
As far as sectoral funds are concerned, from the perspective of the next one year, consumption stocks like industrial, financial and auto can see a rise. From a long-term perspective, funds based on IT, infrastructure, new energy and ESG themed may see a boost. Keep your allocation in smallcap funds below 20%. Apart from this, one can also invest in flexicap funds.
I am also of the opinion that do not depend on any one channel for investment. Going forward, the stocks with high momentum will see a boom in the new year like last year. While investing in these, keep an eye on stocks with strong fundamentals and management. If you are a new investor then you can also take advice of any experts for this.
Finally some big new generation IPOs are on the way. In which names like Nykaa, Paytm and Policybazaar are included. In these, you can get listing gains, apart from this, after listing, they have the potential to create a ruckus in the secondary market. Along with this, keep an eye on the stocks which are bringing new innovations for the next year. These include companies related to e-vehicles, fintech companies and companies based on e-commerce.
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