Webinar on “E -Conference on Fundamental and Pandemic Agnostic Investment”, 27th June 2020, Saturday

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Webinar was held on 27th June 2020, Saturday in collaboration with Indian Chamber of Commerce.

Details given below :-

Topic :- “E -Conference on Fundamental and Pandemic Agnostic Investment”

Dear Investors,

A pandemic of the magnitude of COVID-19 presents a huge set of challenges for investors. Quite simply, the rules of investment have changed.We had webinar in association with ICC on the above topic To understand optimum strategy, please read summary of what our Dignitaries from Apex Institutions say about it:-

Moderator - Mr. Piyoosh Gupta, Former CGM, SEBI

Mr. G. Mahalingam, Whole Time Member, SEBI :-

1) Investors should take ramification on global and Indian economics due to Covid-19 not as a pinch of salt but a bag of salt. There is going to be an impact as it’s an unprecedented situation, nobody calculated.

2) Background :- Even before COVID times, GDP was closer to 4% though inflation was lower but the fiscal deficit had breached 3.4%. So things were not good even at the start of COVID-19.

3) 95 days of lockdown for a 3 trillion dollar economy, 95 days of lockdown means, ¼ th of GDP getting eliminated.

4) Since interest rates are going down, FD’s & G Secs will not attract much. Mutual funds, Gold, Equity will be the best arena for investment.

5) Investors should look upon safety , liquidity & return while investing. It’s the job of AMCs & the trustees to make sure that the pillar of faith is strengthened and not allowed to be weakened by a notch in difficult times.

Mr. A. Balasubramanian, MD & CEO, Aditya Birla Sun Life Asset Management Co Ltd :-

1) Quick response from global banks. 10-12% of GDP, liquidity has been put by RBI in quick time.

2) Corporates too have started working on cash flows & liquidity with new work structures. 3) Investors can improve by constant discipline in investing , keeping the goal over a period of time and the efficiency will be better.

Ms.Swati Kulkarni, Executive Vice President and Fund Manager – Equity, UTI Asset Management Co Ltd :-

1) GDP growth is supposed to be negative this quarter.

2) Government revenues will be affected though the response for stimulus faster than 2008-2009

3) Countries like Germany, Australia, US & Japan have resorted to cash transfers. Even for India the support is 10% of GDP but actual cash going in hands of people was 1-1.5% only.

4) US has given 2 trillion packages, ECB also gave 1 trillion in extending the support, BOJ gave 500 billion support to their economy. FMCG, Healthcare & IT have done well in Covid times.

5) Risk is a nasty surprise and we should be prepared.Lots of uncertainties but when the economy will recover and will take a view and what we can do to deal with it. There should be a portfolio approach , we can mitigate the risk and manage the risk.

Mr. Arun Laddha, Director, J.R.Laddha Financial Services (P ) Ltd :-

1) 2020 has been a roller coaster ride. Investors has more questions than answers.Every crisis has an opportunity. The crisis has a clear signal how to approach investment in a better manner.

2) Interest rates will be soft and go down and thus handholding investor at time of crisis is important

3) For Investors :-

- Regular webinars

- Leverage of technology by teaching them

4) Indian economy has seen as crude fall but also economy GDP is affected by ¼ ,catch up will not be easy

5) This Seminar will help take future actions & give good advice to investors.
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