Investors don't invest in products, they invest in companies. Motilal Oswal has taken this axiom seriously. With its strong presence in the retail broking space, setting up an AMC was a natural expansion to spread its aspirations to be a one-stop shop financial services company. “We are committed to expanding our footprint in the market through innovative products across all segments,” says Rakesh.
Regulatory changes: Every significant financial market in the world undergoes evolution. And, eventually the intermediaries migrate from being brokers to advisors. This way they create suitable investment strategies for the end investors, based on their risk profile and their investment needs. The recent changes have only acted as a catalyst in this evolutionary process and in a way are accelerating the pace of progression, all of which is great for the investor.
State of the market: We don't expect any adverse developments to change the course of the market and it will continue to stay robust. We have had a great monsoon, alongwith a strong consumption led recovery in economic growth. There are expectations that this consumption driven growth will now be followed by a capex and investment cycle - all of which augers very well for the economic growth over the next few years.
The road ahead: We aim to bring products that offer investors a superior investment strategy combined with the benefits of real-time liquidity, transparency and low costs.
My investing style: I take a long-term investment horizon and use a portfolio of mutual funds to park my savings in a systemic regular manner.
This article was originally published on November 16, 2010.