SIPs, MFs or cryptocurrency: Top bosses reveal their saving and investment plans

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."

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The Economic Times