Business · Markets · 7 hrs ago
Investors urged to diversify and avoid herd behaviour at Mumbai summit
Speakers at the Smart Investor Arena in Mumbai urged investors to set clear financial goals and decide how much money is enough for them.
Author and entrepreneur Ankur Warikoo said financial freedom means being able to choose how to live and work, not simply becoming rich or retiring.
First Global's Devina Mehra expects Indian equities to deliver above-average returns over the next two years, but also advised investors to diversify across global markets.
Speakers from Binance and CoinSwitch said young people should learn how cryptocurrency works and only invest what they can afford to lose.
Other wealth advisers warned that fear of missing out can lead to risky decisions, and suggested building a basic mix of shares and fixed-income investments before moving to specialised funds or portfolio management services.
The advice matters because borrowing can encourage spending beyond people's means, while investing without understanding the risks can expose them to losses.
Investors at the Smart Investor Arena in Mumbai were urged to set financial goals, diversify and avoid herd behaviour.
The sessions were part of the Business Standard BFSI Insight Summit 2026.
Speakers advised investors to understand risks before investing, including in cryptocurrencies, and to build basic portfolios before moving to specialised investment products.
First Global’s Devina Mehra said she expects Indian equities to deliver above-average returns over the next two years, while advising investors to diversify globally.
- Who
- Speakers at the Smart Investor Arena, including Ankur Warikoo, Devina Mehra and representatives of Binance and CoinSwitch.
- What
- They discussed investment goals, diversification, risk and avoiding herd behaviour.
- When
- Tuesday, October 27, 2026.
- Where
- Mumbai, at the Business Standard BFSI Insight Summit 2026.
- Why
- The sessions offered guidance on investing and managing financial risks.
This story does not have two clearly opposing sides.
Sessions on investing and financial goals took place at the Smart Investor Arena in Mumbai.
Ankur Warikoo spoke about financial freedom and deciding how much money is enough.
- Event
- Business Standard BFSI Insight Summit 2026
- Location
- Mumbai
- Mehra’s outlook
- Above-average returns for Indian equities over the next two years
- Warikoo’s financial freedom figure
- About ₹21.7 crore
- Suggested starting investment
- ₹100 or ₹500 for beginners investing in cryptocurrencies
What people are saying
Financial freedom to me is not retirement in the conventional sense of the word. Nobody really retires, especially if they like their job.
Ease of borrowing is encouraging some young consumers to prioritise lifestyle upgrades, even when their financial position may not support such spending.