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Small and mid cap funds, banking sector funds are attractive bets: Manish Gunwani of Nippon India MF

ETMarkets.com

Synopsis

“Nothing destroys a long term plan more than short term volatility as it produces an urge to do things emotionally rather than rationally."

As the equity market continues to touch record levels, Manish Gunwani, CIO-Equity Investments, Nippon India Mutual Fund, believes that chasing returns and making changes to your asset allocation can be disastrous for your long term goals. “Nothing destroys a long term plan more than short term volatility as it produces an urge to do things emotionally rather than rationally. It is important that investors have an asset allocation plan based on

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