Investors should temper expectations and recognise that generating a 12% annual return in the stock market is already a significant achievement, according to Kailash Kulkarni, who believes India's next major economic opportunity could come from export-led manufacturing, among other themes.
Speaking at the ET Alpha Wealth Summit during a discussion on the impact of AI on India over the next decade, Kulkarni said investors often underestimate the power of steady compounding while chasing unrealistic return expectations.
