Every correction since 2009 has seen investor behaviour maturing and the two recent ones in 2022 and the last 6 months are no different. We have gone past the era of large scale panic redemptions and there are many more investor queries during corrections enquiring about buying rather than selling.
Every correction reinforces the importance of the two key controllable factors: asset allocation for investors and valuation focus for fund managers. Focus on the controllables, don’t waste your time worrying about things beyond your control.
As investors get more and more exposed to a world of investment options, it is important to maintain a core portfolio which does not waver with ebbs and flows of themes and markets while remaining agile and nimble to invest satellite portions with an opportunistic approach. Maintaining that balance between core and satellite with very different approaches to both, is key to building and sustaining long term wealth.
ABSL AMC’s key focus during FY25-26 for its core active MFs business will be on building scale in its range of mainstream funds which have healthy long term track records.
Beyond core active MFs, expect the fund house to step on the gas in its passives push, build on initial momentum gained in its alternates business and capitalize on its first mover advantage in Gift City solutions with products for inbound as well as outbound investments.