Business · Markets · 7 hrs ago

Shriram Wealth CEO says Indian retail investing remains strong

Shriram Wealth CEO says Indian retail investing remains strong

Vikas Satija, Shriram Wealth’s chief executive, says Indian retail investors remain active despite recent market volatility.

He pointed to steady contributions to systematic investment plans, or SIPs, as evidence that participation has held up.

SIPs let people invest set amounts regularly, rather than trying to time the market.

Satija said long-term investors should stick to their asset allocation and avoid reacting to temporary news-driven price moves.

He said a lasting change in market conditions may warrant attention, but short-term swings need not cause alarm.

His comments come as investors weigh volatility linked to events including the West Asia crisis.

Satija also said wealth managers and relationship managers will remain needed even as artificial intelligence enters the industry.

1 source

Related

What people are saying

Vikas SatijaShriram Wealth managing director and CEO
Don’t get so jittery if you see some movement here and there.
via Business Standard
I think long-term investors will still have a better bet to be in the markets.
via Business Standard
The good part I think this time in the markets, which we see here in India, is that retail participation has been very strong.
via Business Standard
The industry is growing fast and, even with artificial intelligence (AI) coming in, the need for relationship managers (RMs) and wealth managers is only going to increase.
via Business Standard