Kotak Mutual Fund’s Nilesh Shah, speaking at the ET Alpha Wealth Summit 2.0, said that the best investment ideas can emerge during a bear market. He noted that the equity market has delivered neither strong nor negative returns over the past two years, but said he remains confident that India’s growth story is a compounding one.
Shah contrasted India with South Korea, where he expects growth to see greater ups and downs, citing three key factors — talent, capital and infrastructure.
