BIRANI said in an interview with Etmarkets: “For traffic and liquidity ease, 5-10%of allocation of precious metals through ETFs should be diversified and stable to the portfolio.
February was a weak month in the Indian market, but March looks stable. How are you looking at the market?
The Indian stock market was greatly modified in February, and the decrease of ~ 6%due to global trade tensions, weak imports and FPI leaks. However, there are signs of stabilization.
Large cap assessment is close to the long -term average, and if the DII is continuously purchased, March is more stable. In the rescue lens, India continues for long -term growth. Corporate profit growth is still flexible and shows steady achievements with sectors such as banks and cars.
The government’s promotion of infrastructure and manufacturing through the PLI system supports long -term economic movement. In addition, relieving inflation and stable interest rates can strengthen investor trust for the next few months.
What is your view of the Fed made? Do you see our market toppings because there are speed signs?
The Fed has adopted the atmosphere and clock approach to keep the fee steadily. US economic data point to the slowdown in consumer demand and industrial growth. The US index, such as the S & P 500, has been lightly modified, but the evaluation is continuously increasing, and if the income is not delivered or the rate cut is delayed, there may be pressure on the US market of the H1-FY26. Prudent positions of the Fed are uncertainty, and if import growth is not strong, the market may have difficulty maintaining the current level.
We are also in the last month of fiscal year. How do you see the fund flow of the Indian market in the next fiscal year? Was the evaluation overhang modified?
The evaluation of large caps has been greatly modified. Nifty P/E is currently less than 20 times and represents a more reasonable price.
Small and medium caps are softened, but are still not expensive, so they should pay potential stocks to investors in this sector.
FII has been a net seller recently, and domestic trends through SIPS and stock funds continue to be strong.
We saw two -digit revenue on Gold & Silver. How should investors approach precious metals in the next fiscal year? Is it time to increase your quota or book some profits?
Gold and Silver and silver have experienced strong profits due to the mountain fence and global uncertainty.
In particular, silver is undervalued compared to gold with a silver ratio of 88: 1 in the current gold.
For the ease of cross and fluidity, 5-10%of the precious metals through ETFs should provide diversification and stability to the portfolio.
It is a good idea for retail investors to diversify into the global market. What is the ideal portfolio assignment?
Global diversification is an important strategy for managing the risk of designated and currency, especially the domestic market, which can be affected by the local economy period.
10-20% allocated to global stocks through international mutual funds or ETFs helps investors use high growth sectors and economies other than India.
Exposure to indexes such as S & P 500 and NASDAQ 100 can access global leaders in technology and innovation, while topics focuses on trends such as AI and energy conversion.
In addition, investing internationally spreads risk over other economies, reducing overall portfolio volatility and increasing long -term yields.
What is the big theme that investors can track in the next fiscal year?
For FY26, some major themes can lead to growth in the sector. Digital Transformation & AI is an AI revolutionary industry such as medical and finance and is responsible for strengthening efficiency and innovation.
Low interest rates and bank loans are increasingly attractive by investors in larger debt markets, so that private credit and alternative debt are becoming more attractive.
The government’s focus on infrastructure through CAPEX & INFRASTRUCTURE PUSH will benefit from sectors such as construction and utility to create growth opportunities. Meanwhile, China +1 and export -driven manufacturing industry is located in the position of increasing manufacturing and exports as a major alternative to China.
Finally, value and business cycle -oriented funds are expected to be excellent as the economy recovers, and periodic stocks in sectors such as energy and materials provide strong profits. This theme offers a variety of opportunities for long -term investors.
Are there any other factors that have found some stability but can cause other sales rounds?
For FY26, some risks can affect market stability. Reduction of the US Fed Latitude Interest Rates can weaken growth and weaken corporate income. In particular, if the global trade war between the United States and China increases, it can interfere with the supply chain and harm the economic expansion.
If the domestic market struggles to absorb sales pressure, rapid FPI leaks can lead to volatility. The disappointment of small and medium -sized stocks and intermediate stocks can cause fertilization, which can affect investors’ trust.
Designated events, such as tensions in the Middle East and Taiwan, can cause global instability. Finally, low Vix suggests market satisfaction and rapidly increases volatility.
If you look at the results of the December quarter with the tariff hiking you’ve seen in the last two months, what is the prospect of India Inc.’s March quarter?
The results of December showed margin pressure and sales growth in the SMID (Small and Midcap) universe, and tariff hiking can support some sector expansion, such as automobiles, energy and products.
The BFSI sector remains a powerful achievement that benefits from structural growth trends. Considering the mix of powerful and weak sectors, the overall profit growth of FY26 is expected to be a low two digits due to the outstanding differences between industries.
Sectors such as technology, consumers and health care can continue to face headwinds, but the period and product sector can benefit from continuous policy support and demand recovery.
If someone plans to invest RS 10 Lakh in FY26, what is the ideal portfolio assignment for investors aged 30-40?
For high -risk investors in FY26, the optimal portfolio will balance risk management and growth.
It starts with 40%of the stock and divides between 20%in the Flexicap Fund and 20%in large funds to combine stability with growth potential. 20%of multiple assets or balanced advantage funds provide cushions, stocks, debt and gold for volatility.
10%of global stock funds or ETFs provide international exposure to manage designated risks. 15%of the funds -specific funds aims to grow in high -level sectors, such as infrastructure and technology.
Finally, 15%of liquid or short -term debt funds ensure liquidity and stability to allow tactical adjustments. This approach captures growth while managing risks.
(Exemptions: Recommendations, suggestions, views, and opinions provided by experts are themselves.
