Markets

Do not put all your eggs in one basket, diversify across global markets: Mark Mobius

In any table showing the best performing markets over last 20 years, no one market has been the best in more than two years, Mark Mobius, Mobius Capital Partners, tells ET Now, on the occasion of Mahurat trading for Samvat 2075.

Edited excerpts:
It has been a rollercoaster ride for the Indian equity markets but where are we in terms of the emerging market pack vis-à-vis the developed markets as an investment landscape?

When you are celebrating, you have fun but also think about the future and also about your goals for future investment. One of the most important things to remember is that India is growing at a fast pace. There are tremendous opportunities and there is going to be quite a lot of opportunities for investors in India.

What is your mantra to share with the followers in India and how can they really keep their portfolios in the best shape?

We have to be realistic when we look at oil. In dollar terms, it is getting more and more expensive. Of course when prices of oil go up, more production is generated because many of the marginal fields come into play and $100 is a pretty good price for many of these fields. I believe there will be fluctuations going forward but $100 is probably a reasonable estimate and of course it will have some impact on India. The good news is that India has alternatives. There is wind. There is solar. There are number of other opportunities for India to produce power.

How should investors keep their portfolios in best shape?
The key is diversify. Do not put all your eggs in one basket. Diversify not only across companies in India, but across global markets. You must remember that India is just one of many countries around the world and no one country will be always the best. In any table showing the best performing markets over last say 20 years, no one market has been the best in more than two years. So, you have to diversify.

Original Article

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