Large cap stocks are attractively valued: SBI Life CIO

The ongoing panic in the stock market offers a good opportunity to build a long term portfolio, feels Abhijit Gulanikar, chief investment officer at SBI Life Insurance. Of the Rs 40,000 crore managed by Gulanikar, Rs 24,000 crore (around 60%) is in equities.

December 02, 2011 / 09:30 IST

Moneycontrol Bureau

The ongoing panic in the stock market offers a good opportunity to build a long term portfolio, feels Abhijit Gulanikar, chief investment officer at SBI Life Insurance. Of the Rs 40,000 crore managed by Gulanikar, Rs 24,000 crore (around 60%) is in equities.

He feels it makes more sense to bet on large caps at this point, because they are attractively valued as well as more liquid in case an investor wants to exit.

first published: Dec 1, 2011 04:37 pm

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