index valuations: Covid has shown that timing, nature of risk are unpredictable: Swati Kulkarni, UTI AMC

index valuations: Covid has shown that timing, nature of risk are unpredictable: Swati Kulkarni, UTI AMC

index valuations: Covid has shown that timing, nature of risk are unpredictable: Swati Kulkarni, UTI AMC
Read Time:6 Minute, 18 Second

Over the last 3-5 years across large the retail plans of mutual funds have struggled to beat the benchmark TRIs.

Synopsis

The peculiarity of this pandemic is that there is no playbook to draw learnings from. Businesses, policymakers, lenders and investors are all treading cautiously. Further, the pandemic has reiterated that we cannot eliminate the risk but can manage it.

Quality businesses that generate cash flows consistently and earn higher return on capital employed than the cost of capital, will exhibit earnings resilience, Swati Kulkarni, EVP and Fund Manager – Equity, UTI AMC tells ET Wealth.Do you feel the market is taking a breather after the sharp run up or do you expect a deeper selloff?Market movement in the short-term is hard to predict and does not have material significance in long-term wealth

  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • COMMENT

Why ?

  • Sharp Insight-rich, Indepth stories across 20+ sectors

  • Access the exclusive Economic Times stories, Editorial and Expert opinion

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

var urlParams = window.URLSearchParams && new URLSearchParams(window.location.search),
optParam = urlParams.get && urlParams.get(‘opt’);

var objSec = {template: ‘articleshow_exclusive’, msid:’78458815′, secNames: [‘wealth’,’personal-finance-news’],secIds:[‘2147477890′,’837555174′,’49674901’]};

var tmplName = tpName = ‘articleshow_exclusive’,lang = ”,nav_sec1,newHookId,subsec1_value,subsec1_common = ‘837555174’,newHookId2,subsec2_value,subsec2_common = ‘49674901’;
var objVc = {version_on:’2020100591812′,js_etsubscription:’1′,js_comments:’111′,js_googleslock:’782′,js_googlelogin:’54’,js_common_buydirect:’749′,js_bookmark:’18’,js_login:’41’,js_datepicker:’2′,js_electionsmn:’22’,js_push:’53’,css_buydirect:’14’,js_tradenow:’14’,js_commonall:’118′,lib_login:’https://jssocdn.indiatimes.com/crosswalk/jsso_crosswalk_legacy_0.5.9.min.js’,live_tv:'{“auto_open”: 1, “play_check_hour”: 12, “default_tv”: “1”}’,global_cube:’0′,global_cube_wap:’0′,global_cube_wap_url:’https://m.economictimes.com/iframe_cube.cms’,site_sync:’0′,amazon_bidding:’1′,fan_ads:’0′,trackAdCode:’0′,ajaxError:’1′,oauth:’oauth’,planPage:’https://prime.economictimes.indiatimes.com/plans’,subscriptions:’subscriptions’,krypton:’kryptonp’,apw:’apw’};
var objDim = {d52:’nature_of_content’,d10:’user_login_status_hit’,d54:’content_shelf_life’,d53:’content_target_audience’,d12:’tags_meta_keyword’,d56:’degree_of_conten’,d11:’content_theme_the_primary_tag’,d55:’content_tone’,d14:’special_coverage’,d58:’et_product_item’,d13:’article_publish_time’,d16:’video’,d15:’audio’,d59:’show_paywall_final’,d61:’paywall_probability’,d60:’paywall_score’,d63:’paid_articles_read’,d62:’eligibility_paywall_rule’,d65:’bureau_articles_read’,d20:’platform’,d64:’free_articles_read’,d23:’author_id’,d67:’loyalty’,d66:’article_length’,d25:’page_template’,d24:’syft_initiate_page’,d68:’paywall_hits’,d27:’site_sub_section’,d26:’site_section’,d29:’section_id’,d28:’prime_deal_code’,d70:’us_election_2020′,d32:’prime_article_read_before_syft’,d34:’content_age’,d33:’prime_article_read_before_success’,d36:’sign_in_initiation_position’,d35:’subscription_method_hit’,d37:’user_subscription_status’,d1:’et_product’,d2:’blocker_type’,d3:’user_login_status’,d4:’agency’,d5:’author’,d6:’cms_content_publishing_type’,d7:’content_personalisation_level’,d8:’article_publish_date’,d9:’sub_section_name’,d40:’freeread’,d45:’prime_hp_ui_template’,d47:’prime_hp_ui_content_b_color’,d46:’prime_hp_ui_content_size’,d49:’syft_initiate_position’,d48:’content_msid’,d50:’signin_initiate_page’};var serverTime = ‘10.05.2020 09:20:24’;var WRInitTime=(new Date()).getTime();
(function () {if (self !== top) {var e = function (s) {return document.getElementsByTagName(s)}; e(“head”)[0].innerHTML = ‘

‘; setTimeout(function () {e(“body”)[0].innerHTML = ”; var hEle = e(“html”)[0]; hEle.innerHTML = ‘economictimes.indiatimes.com‘; hEle.className = ”; top.location = self.location; }, 0);}})();

_log = window.console && console.log ? console.log : function () {};
if(window.localStorage && localStorage.getItem(‘temp_geolocation’)) {
var geolocation = localStorage.getItem(‘temp_geolocation’);
}
// Creating Elements for IE : HTML 5 and cross domain checks
(function () { var elem = [“article”, “aside”, “figure”, “footer”, “figcaption”, “header”, “nav”, “section”, “time”];
for(var i=0; i -1) { window[disableStr + ‘-‘ + gaProperty] = true; }

ga(‘set’, ‘anonymizeIp’, true);
ga(‘create’, gaProperty, ‘auto’, {‘allowLinker’: true});
ga(‘require’, ‘linker’);
ga(‘linker:autoLink’, [‘economictimes.com’]);
ga(‘require’, ‘displayfeatures’);
window.optimizely = window.optimizely || [];
window.optimizely.push(“activateUniversalAnalytics”);
ga(‘require’, ‘GTM-KS2SX8K’);
customDimension.dimension1 = “Premium”;
customDimension.dimension4 = “ET Bureau”;
customDimension.dimension5 = “Sanket Dhanorkar”;
customDimension.dimension6 = “Native – 78458815”;
customDimension.dimension8 = “Oct 5, 2020”;
customDimension.dimension9 = “Personal Finance News”;

customDimension.dimension12 = “sell off,pandemic,Nifty,Mid cap,large cap,index valuations,earnings resilience,earnings”;
customDimension.dimension13 = “06:30 AM IST”;

customDimension.dimension15 = “No”;
customDimension.dimension16 = “No”;
customDimension.dimension23 = “479217975”;customDimension.dimension52 = “Interview”;
(function () {
var a = window.localStorage && localStorage.getItem(‘et_syftCounter’) || ”;
a = a && JSON.parse(a) || {};
if(a.beforeSyft && customDimension) {
customDimension.dimension32 = a.beforeSyft;
}
if(a.afterSyft) {
customDimension.dimension33 = a.afterSyft;
}
})()

var contentAge = ‘NaN’;
if(contentAge) {
customDimension.dimension34 = contentAge > 2 ? ‘>48hs’:’ -1) {
subsStatus = ‘Expired User’;
} else if (grx_userPermission.indexOf(“subscribed”) > -1 && grx_userPermission.indexOf(“cancelled_subscription”) > -1 && grx_userPermission.indexOf(“can_buy_subscription”) > -1) {
subsStatus = ‘Paid User – In Trial’;
} else if(grx_userPermission.indexOf(“subscribed”) > -1) {
subsStatus = ‘Paid User’;
} else if(grx_userPermission.indexOf(“etadfree_subscribed”) > -1) {
subsStatus = ‘Ad Free User’;
}
} catch (e) {}
} else {
grxDimension[objDim[‘d3’]] = ‘NONLOGGEDIN’;
}
grxDimension[objDim[‘d37’]] = subsStatus;
})()

grx(‘track’, ‘page_view’, grxDimension);

if(geolocation && geolocation != 5 && (typeof skip == ‘undefined’ || typeof skip.fbevents == ‘undefined’)) {
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘338698809636220’);
fbq(‘track’, ‘PageView’);
}

var _comscore = _comscore || [];
_comscore.push({ c1: “2”, c2: “6036484”});

if(geolocation && geolocation != 5) {
(function() {
var s = document.createElement(‘script’), el = document.getElementsByTagName(“script”)[0]; s.async = true;
s.src = (document.location.protocol == “https:” ? “https://sb” : “http://b”) + “.scorecardresearch.com/beacon.js”;
el.parentNode.insertBefore(s, el);
})();
}

if(geolocation && geolocation != 5) {
(function() {
function pingIbeat() {
window._pg_endpt=(new Date()).getTime();
var e = document.createElement(‘script’);
e.setAttribute(‘language’, ‘javascript’);
e.setAttribute(‘type’, ‘text/javascript’);
e.setAttribute(‘src’, “https://agi-static.indiatimes.com/cms-common/ibeat.min.js”);
document.head.appendChild(e);
}
if(typeof window.addEventListener == ‘function’) {
window.addEventListener(“load”, pingIbeat, false);
} else {
var oldonload = window.onload;
window.onload = (typeof window.onload != ‘function’) ?
pingIbeat : function() { oldonload(); pingIbeat(); };
}
})();
}

}

Source link

The post index valuations: Covid has shown that timing, nature of risk are unpredictable: Swati Kulkarni, UTI AMC appeared first on nextbreakingnews.

Visit Source

Leave a Reply

Your email address will not be published. Required fields are marked *