ET Panache features views by Karan Bhagat on his saving and investment plans
Karan Bhagat, Founder & CEO, IIFL Investment Managers
"My asset allocation has always been heavily skewed towards equity. I am a long term buy-hold investor, I do not try to time the market. My core equity portfolio is a diversified mix of direct equity and mutual funds. As an angel investor, I have made some small investments in companies that could address existing gaps. I would prefer to wait and invest in future technologies after there are some initial success results. There are funds which invest in companies pre-IPO and we are a trendsetter here."