Mirae Asset Investment Managers India Vice Chairman and CEO Swarup Anand Mohanty urges retail investors to treat equities with the same disciplined, long-term approach as gold purchases to unlock substantial wealth.
Equity Discipline Beats Gold Returns
Mohanty highlights equities’ superior compounding potential over gold’s 8-10% historical returns, advising systematic accumulation during dips rather than timing markets. With Mirae managing ₹1.9 lakh crore AUM (70% equities), he emphasizes staying invested through volatility for 12-15% CAGR.
Cultural Shift Needed
Indians culturally favor gold for weddings and security, yet Mohanty pushes equity SIPs mirroring gold’s “buy on festival” habit—consistent, goal-based investing via multi-asset funds blending stocks, debt, and commodities for balanced growth amid global uncertainties like the Iran war.
2030 Vision
Targeting ₹100 lakh crore industry AUM by decade-end, Mohanty sees 2026 as an “accumulation year” post-corrections, favoring active funds beating benchmarks while passive options gain traction for cost efficiency.
