Tag: Should I invest in mutual funds this Diwali India

Uday Kotak shares his Diwali message with investors, reflecting on equity markets, corporate responsibility, and the path ahead in Samvat 2082.

Uday Kotak, Founder and Non-Executive Director of Kotak Mahindra Bank, extended his Diwali greetings to investors and customers of Kotak Securities, accompanied by a focused outlook for Samvat 2082.
In a video message, Kotak reflected on the year gone by, stating that Samvat 2081 was a challenging year that gave muted returns to equity investors, although he noted that investors had seen satisfying returns over a three-year period.

Highlighting the ongoing transformation in Indian investing habits, Kotak said the Indian trendline of saver to investor continues at pace, backed by significant flows into mutual funds and equities.
He emphasized that it is time for Indians to get out of comfort, convenience and complacency zones to build an India that is ready to take on challenges of the future. This message was directed at not just individual investors, but also toward corporate India and market institutions.

Calling for responsible growth, he urged corporate India to focus on building companies sustainably for the future and to work on improving the earnings of the companies so that investors can continue to invest in the equities market.
Kotak also addressed brokerage firms, suggesting they should take a medium-term approach towards customers, focusing on fundamentals and long-term value.

To retail investors and traders, his message was clear: investors and traders should have the awareness that high profits should not be assumed, signaling the need for realism and caution as India moves into Samvat 2082.
📺 Watch the full Diwali message here:

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