'Expect reasonable returns from equities over 3-5 years'

With the market in a tailspin since the last couple of months, many investors remain on the edge as to how much more money they would lose. However, Harsha Upadhyaya, Chief Investment Officer of Equity at Kotak Mahindra AMC, offers an optimistic outlook, stating that even if there's no substantial recovery of earnings in the near term, the "risk of losing capital is low" as the market will continue to deliver modest returns over a 3-5-year period.