Is cash a bigger risk than equities in the current market?

Deepak Shenoy argues that sitting on cash while equities rise is a bigger risk, as he holds 'next to nothing' in cash and is comfortable with current market levels. He emphasizes that market consensus predicting a bear market hasn't materialized since the start of the year.

Why is now considered the best time to stay invested?

Shenoy believes the market isn't heading for a fall despite predictions, making this an optimal time to remain invested. He highlights that the consensus about a bear market hasn't translated into actual market declines, supporting his confidence in staying invested.

What is Capitalmind Financial Services' recent SEBI approval for?

Capitalmind recently received in-principle approval from SEBI to launch a new mutual fund, marking a key development for the Bengaluru-based investment management firm.

Moneycontrol: Cash Is the Bigger Risk as Equities Continue to Rise

As market valuations reach new highs, Deepak Shenoy, Founder and CEO of Capitalmind, believes that sitting on cash poses a greater risk than staying invested. In a recent interview, Shenoy expressed confidence in the current market, stating, "If the consensus is that the market is going to fall, it doesn't look like it's going to." While acknowledging the possibility of a future bear market, Shenoy emphasizes the need to respond rather than predict, citing his investment strategies and sectoral preferences.

16 Sept 2024CM Team1 min read

Quick Facts

Is cash a bigger risk than equities in the current market?: Deepak Shenoy argues that sitting on cash while equities rise is a bigger risk, as he holds 'next to nothing' in cash and is comfortable with current market levels. He emphasizes that market consensus predicting a bear market hasn't materialized since the start of the year.
Why is now considered the best time to stay invested?: Shenoy believes the market isn't heading for a fall despite predictions, making this an optimal time to remain invested. He highlights that the consensus about a bear market hasn't translated into actual market declines, supporting his confidence in staying invested.
What is Capitalmind Financial Services' recent SEBI approval for?: Capitalmind recently received in-principle approval from SEBI to launch a new mutual fund, marking a key development for the Bengaluru-based investment management firm.

Moneycontrol: At a time when concerns are rising over elevated market valuations, Deepak Shenoy, Founder and CEO of Capitalmind Financial Services, says that sitting on cash while equities continue to go higher is a bigger risk, which he doesn’t want to take at this point in time.

In an interview with Moneycontrol, Shenoy said that he holds “next to nothing” in cash and is very comfortable with the current market levels.

What drives Shenoy’s conviction that this is the best time to be in the markets? “If the consensus is that the market is going to fall, it doesn’t look like it’s going to. Since the start of the year, there have been predictions of a bear market,” he asserted…

…(Read the Full Article in [Moneycontrol](At%20a time when concerns are rising over elevated market valuations, Deepak Shenoy, Founder and CEO of Capitalmind Financial Services, says that sitting on cash while equities continue to go higher is a bigger risk, which he doesn’t want to take at this point in time. An investment management firm based in Bengaluru, Capitalmind recently received in-principle approval from the Securities and Exchange Board of India (SEBI) to launch a new mutual fund (MF). In an interview with Moneycontrol, Shenoy said that he holds “next to nothing” in cash and is very comfortable with the current market levels. What drives Shenoy’s conviction that this is the best time to be in the markets? “If the consensus is that the market is going to fall, it doesn’t look like it’s going to. Since the start of the year, there have been predictions of a bear market,” he asserted.))