Ajay Tyagi, Head of Equity at UTI AMC has advised that new age investors have to avoid timing the market, have an asset allocation plan, follow this plan systematically and stick with it even when things look volatile in the short run.

Investors trying to change their investment strategy every now and then to make quick money or chase momentum will never be able to create sustainable wealth, says Tyagi who has more than two decades of experience. He manages UTI’s flagship equity scheme in India and is also the Investment Advisor to UTI International’s range of India dedicated offshore funds.

He expects India to continue trading at a premium to other emerging markets. “The reason for this is India’s long term structural growth, strong demographics, thriving democracy and a very vibrant stock market.”

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