Vinayak Kanvinde holds an MBA (Finance) degree and is a CFP CM professional. He strengthens the Research platform for IMMPL as Head-Research. He has over 10+ years experience in the field of investment research in a variety of asset classes including equity, debt and commodities. In the current role he is shaping the research function, works closely in asset allocation decision for clients and ensures higher collaboration amongst research delivery and CRM function.

Yogita.khatri:035459 : Good Evening Sir� welcome to myiris live chat� :)
vinayak.kanvinde:035543 : Hi Yogita
surya:040211 : How do you define asset allocation? Why one should go for it?
vinayak.kanvinde:040513 : Asset allocation is a method of diversifying ones investments in order to protect oneself from asset price volatility and thereby reduce risk.
vinayak.kanvinde:040623 : While the benefits while not be visible over the medium term, it certainly understates the merits in time such as those seen in 2008
surya:040701 : Asset allocation depends on what factors?
vinayak.kanvinde:040740 : it depends on a host of factor, predominantly on:
vinayak.kanvinde:040848 : investor risk/return preference; his time horizon on investments; needs and wants cycle and where he is on it
vinayak.kanvinde:041535 : just also to elaborate; the asset basket for a 25-30 year old could be more of high risk investments such as equities and within those it could be mid-cap or small cap funds versus a person who has a family, single earning with two kids..
vinayak.kanvinde:041704 : the latter should definitely have less of that and more of large cap funds and a probable limit of exposure to equities say 50%(just an example)
kavita:042412 : What are the things one should consider before exercising asset allocation?
pahal:042826 : Sir, I m 22 yrs� savings are Rs 10,000... Haven�t yet invested anywhere� according to you what would be an ideal investment asset allocation? My risk taking capacity is moderate.
vinayak.kanvinde:042843 : Well one important point that you could look at is market outlook. For instance if market performance of a particular asset say shares has given very high returns in a short while its weight could be brought down to de-risk our asset basket. On a different note, you should also look at personal goals and their relative importance and ability to achieve it. This could therefore make a lot of relevance while you exercise a particular allocation
vinayak.kanvinde:043046 : Pahal, you are right at the beginning of your savings cycle and though you mention that your risk taking ability is moderate, i believe that you should leverage your time horizon available to you by investing into equities as a result of superior returns over long term
Dilshad:043024 : If I invest in mutual fund through SIP of 12 months, do I need to redeem immediatly after 12 months or I can hold for longer period.
vinayak.kanvinde:043154 : Pahal, I would therefore recommend you look at mutual funds of medium to high risk and start a SIP into one of them. do your research on sites such as My Iris or valuaresearchonline
vinayak.kanvinde:043328 : Dilshad, there is no rule or stipulation that you need to withdraw at the end of term. you could continue to hold on depending on various factors such as return you earned and quality of that fund.
deepika.malik:043340 : Do you think the Indian pension market is mature? What are the various products available and are they customised to age groups? As in can a young entrant have a product biased to equities?
vinayak.kanvinde:043402 : I would however recommend that you continue the SIP over a longer time duration typically 36 months or more
vinayak.kanvinde:043642 : Deepika, there are a host of pension products in the markets and most of them are tailored by the insurance companies. There is also the NPS that was launched by the government of India earlier this year. In the NPS though there is a limit to investments in equities, while the traditional insurance pension products have no such limits and you can take 100% equity exposure
Amit desai:043541 : Dear Sir, At 48 years and an earning of ~ 7 Lacs, how much should be kept aside for retirement planning? Of this amount, what percentage should be in Fixed Income scheme, gold, sticks? We do have a PF and Pension scheme. I feel at present rates, PF shall be around Rs. 27 Lacs
vinayak.kanvinde:044117 : Amit, at your age ( and i am presuming that you will work for another 10 years) most the your investments should be in fixed income products. the way to look at retirement planning should be to ensure that you have adequate amount that take care of your living expenses (adjusted for inflation). You should calculate the corpus for this purpose and start right away to build this on a regular basis. I would recommend that you consult your advisor on the calculations
vinayak.kanvinde:044322 : The PF and pension scheme should be used to make all the calculations needed to be done to determine whether they are adequate
vinayak.kanvinde:044336 : my guess is that there is a shortfall
Ashutosh:044523 : Market is currently showing rally,is is a bubble or growth?
vinayak.kanvinde:044719 : Well you will find as many opinions as people on this questions, on valuations though i would believe that the market is fairly priced
Harsh:044755 : How to minimise your income which come after investing money in FDs, NSCs, etc. and in turn get taxed at 30% slab if you in the tax category?
vinayak.kanvinde:045039 : Harsh, you should look at tax efficient instruments such as an FMP, tax free RBI bond or PPF (but the time horizon is long in the last one, PPF)
Jsriniu:045029 : Hi Vinayakji
vinayak.kanvinde:045140 : Hi Srini
Jsriniu:045145 : do you think continuing to contribute to PF would be a good strategy than investing on my own?
vinayak.kanvinde:045356 : Absolutely, since the PF is a long term product and it puts away money thereby discouraging consumption. Secondly, the returns are gauranteed and safe ( i don't know a person who lost money yet putting it into PF) lastly its tax efficient
Jsriniu:045341 : For a person who is starting to just now invest in mutual funds, which is the mutual funds u suggest
vinayak.kanvinde:045634 : That depends on your age and risk/return profile, as mentioned earlier. Any large cap fund, with a long track record with a reputed fund house should be a good place to start with
mridula:044004 : Which is the cheapest life insurance availalbe for a 42 year old for 23 years?
vinayak.kanvinde:045725 : Typically AMC's such as HDFC, HSBC Reliance and DSP Blackrock stand out in this connection
Jsriniu:045726 : how much should be the exposure to gold in an ideal porfolio
vinayak.kanvinde:045935 : Mridula, I cannot tell you offhand but you should be able to find the same on the web on sites such as www.insurancemall.in. But remember to stick to companies which are reputed and who you believe have the ability to settle your claim if need be
vinayak.kanvinde:050121 : Srini, typically 5% is a good place to begin with, however there is no harm in taking this percentage level to as high as 15%. Remember that in such a scenario you will have to provide 15-20 years for it to show results, Historically it beats inflation, but in certain cases (armegeddon situations) it could be the last hope
vinay kumar:044914 : What is fundamental of investment?
vinayak.kanvinde:050340 : Vinay, to put simply I will quote Peter Lynch and he said "Invest in what you know" there is nothing more than fundamental than this
Yogita.khatri:050713 : We thank Mr. Kanvinde for answering all of your questions. Thank you all for participating in the live chat. We welcome you all to our future chat sessions�
Yogita.khatri:050610 : This is the end of chat session. Thank you very much for your time Sir� Nice to have you on our live chat session...
vinayak.kanvinde:050802 : It has been my pleasure, have a good night
Yogita.khatri:050827 : Thanks once again... :)That is the end of the chat session for today.
Thank you all for logging in.
Till then its bye from us.