One asset class to gift this Diwali? Radhika Gupta, Nilesh Shah, Samir Arora and 5 others share their picks

Are you planning to gift one asset class this Diwali? Here is what these nine fund managers consider suitable for gifting, as reported by ETWealth.

It would be a diversified portfolio. No single asset class is a guaranteed gift. Equity, fixed income and a measured allocation to precious metals together make the envelope. The real gift is the habit of allocation, SIPs, and not reacting to every market event.

This Diwali, my gift envelope would contain equities. While markets can be volatile, they remain one of the best ways to outpace inflation and protect purchasing power over the long run. The key is patience.

This Diwali, my gift envelope would contain the wisdom of asset allocation rather than a single asset class. A balanced mix of equity, debt and gold can help investors participate in opportunities, reduce emotional decision-making, manage risks and enjoy a smoother wealth-creation journey.

Indian equities would be my Diwali pick for investors who can withstand volatility. Near-term financial goals, however, should not be exposed to equity risk.

Indian equities. The outlook may be uneven, but quality businesses can continue to create value over time.

My Diwali gift envelope contains equities. Market sentiment has remained subdued due to economic and geopolitical uncertainties, resulting in a time correction. Yet many companies continue to perform well, creating an attractive opportunity for investors willing to stay invested for the long term.

Samir Arora, Founder & Fund Manager at Helios Capital prefers gifting Indian equities this Diwali.

My choice is Indian equities. After nearly two years of time and price correction, valuations are more reasonable while earnings remain resilient. Near-term volatility may persist, but the risk-reward has improved for investors with a long-term horizon.