These are good times to buy: Vijai Mantri, Pramerica Mutual Fund

In a chat with ET Now, Vijai Mantri, MD & CEO, Pramerica Mutual Fund, shares his views on the market. Excerpts:

ET Now: I know you have got a very long term approach towards the market but I cannot help talk about yesterday and would you say was it just a minor speed breaker in an otherwise strong bull market?

Vijai Mantri: Yes, these kind of days are good times to buy in because the strategy in this market is very simple - buy on dips. So whenever this kind of day comes in your way, that is the time to get into equities because our belief is that over the next three to five years, there is only one asset category which would give you more than double digit return.