ADVERTISEMENT
Asset allocation, rather than chasing complex financial products, remains the cornerstone of long-term wealth creation, top fund managers told CNBC-TV18, highlighting a shift in investor behaviour towards discipline and simplicity.
A Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC said the industry has evolved from explaining products to focusing on portfolio strategy, noting that investors “do not need to know how the money is managed—they must know asset allocation.” He added that rising financial literacy is helping investors prioritise saving over product complexity.
Echoing this, DP Singh, Deputy MD & Joint CEO of SBI MF emphasised that “simplicity is the only constraint in personal finance,” adding that disciplined investing across cycles consistently creates wealth. He noted SIP inflows of about ₹30,000 crore a month are acting as a stabilising force even during market volatility.
Feroze Azeez, Joint CEO of Anand Rathi Wealth cautioned against over-engineered products, saying “personal finance is the base on which everything stands,” and warned that many complex strategies have underperformed simpler mutual fund approaches.
The fund chiefs also pointed to improving investor maturity, with fewer panic redemptions and a growing tendency to view corrections as opportunities, although challenges like return-chasing and failure to maintain SIP discipline persist.
SPONSORED
First Published: Mar 26, 2026 12:02 AM IST