The future for Investing in India is very bright. Really bright.

Especially if you are a fund manager or even better if you are the owner of a fund management company. Like Hdfc Ltd, Icici bank, Kotak, IIfl, Abcl….

Lets see why:

• we are growing at 23% pa and that is great
• Indians are shifting from RE and gold to financial assets
• SIP is being done as perpetual and rising – gives awesome aum
• we have 80% of people below age 25 and they will continue to save/invest more
• Inflation is benign
• Interest rates around the world is low and with a tendency to remain low
• FII do not have much of a choice…if they are seeking growth

With this background, the market is likely to grow at a fantastic rate, and you will be a big beneficiary in the long term. We do not know what will happen after 10 years but yes markets will be booming.

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Now let me bring you to earth:

Look at the ‘tense’ which I have used in this narrative above. I have said “growing” , “shifting” “rising”….all PRESENT CONTINUOUS. That is a fraud.

Such writing gives you a feeling that I know that these things will continue. Actually I do not. I know that the sensex is at a particular point today, and what journey it took to reach there. However, I do not know what will happen at 3pm today (I am writing this at 12 noon).

I am saying Inflation is benign. Well, how much time does it take for oil to go to US $ 100 a barrel?

Will interest rates be far behind if China stops buying US bonds? I have no clue!

What will happen 10 or 20 years later? Well I hope you forget that this blog had said something like that – hopefully I would be dead!

Most of us reach senility if not death…..by this age!!