Resist chasing rallies, stay disciplined: PL Wealth CEO

With the Indian stock markets navigating volatility amid the United States' 50 percent tariffs, coupled with the fiscal impact of the proposed goods and services tax (GST) reforms back home, Inderbir Singh Jolly, chief executive officer at PL Wealth Management, tells Nikita Vashisht in an email interview that staggered allocations and systematic investing could provide cushion. He also says that retail investors are now moving beyond speculative trading. And that systematic investment plans, index funds, and goal-based strategies are gaining ground. Edited excerpts:

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Given the market volatility, what investment strategies are you suggesting to your clients for long-term wealth creation?

This year has reinforced that long-term wealth creation stems from asset allocation and discipline. We recommend diversified portfolios spanning equities, fixed income, alternatives, and global assets. The focus is on quality businesses with strong balance sheets, cash flow visibility, and sector leadership.

We encourage staggered allocations and systematic investing to smoothen volatility. Thematic opportunities in consumption, green energy, and technology remain attractive, but timing the market is secondary to compounding consistently. Our advice is clear, resist chasing rallies, stay disciplined, and let compounding work over a decade.

Is there any change in the way retail investors and HNIs are approaching the markets now in the backdrop of Trump's tariffs on India?