16 Oct Rajesh Hattangady
Rajesh is a classic example of a self driven,meticulous, sharp thinking person. The quintessential entrepreneur – he has the knack of putting people at ease. He is contemporary and updated, his endeavor to be constantly ahead of times will help him catapult himself much ahead of others. Rajesh is well read and worldly wise. He is a thinker and his pursuit to be a cut above the rest is his speciality.He is undoubtedly one of the best in the business.
1. What is your view of our economy in the medium to long term?
I am an eternal optimist on our Country and it’s economy. With young demographics, ever increasing consumption, better lifestyles, overall better awareness amongst masses add to it our vibrant and vocal Democracy coupled with our cultural heritage and beliefs. This is the place to be IN
2. Is it a good time for entering the markets now? If yes what approach should the investor take?
As the cliché goes by “anytime is a good time to invest”, however in reality one needs to look within to ascertain this move. If one isn’t convinced about something, no matter how much logic or emotion one might bring on the table, it won’t work. According to me, one needs to participate not enter. It isn’t a cinema hall that one enters to exit soon. People need to enter via STP or SIP route to avail maximum mileage out of their investment in mutual funds.
3. What is the advantage of investing in a Mutual Fund vis a vis investing directly in stocks?
It helps us budget our cash flow by contributing steady flow of investments. Secondly it helps us overcome “anxiety syndrome” which is associated with equity markets. Trusting the professional fund manager and a good trustworthy AMC is much easier and reliable than trusting your neighbour or colleague on friendly and “solid” equity TIP. Market volatilites may make headlines, Mf NAV don’t change so dramatically. Mf investments are easy to understand and follow than equity, don’t THiiNK many understand technicals or fundamentals of equities. Most important is people overcome their GREED hunger while participating in markets
4. What is your approach to advisory?
I always associate the entire process to the alphabet “T”. And there are four parts to this.
Part 1: Transaction, which could be in the form of monetary exchange or ideas.
Part 2: Time has to be given to the transaction to show results. Hand holding clients becomes very important during this stage.
Part 3: Trust is built, earlier than usual. If one sticks to the basics with conviction.
Part 4: Testimony follows where business practices are ethical and clear.