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Keep At Least 10% Cash In Your Portfolio: Govind Parikh's Advice To Investors

Govind Parikh said his mantra for the market is to 'sell, regret and grow rich'.

<div class="paragraphs"><p>Govind Parikh said he is 'extremely bullish' on the prospects of the Indian stock market.&nbsp;(Photo source:&nbsp;NDTV Profit)</p></div>
Govind Parikh said he is 'extremely bullish' on the prospects of the Indian stock market. (Photo source: NDTV Profit)
Keeping cash in one's portfolio is essential, as it helps to pick up stocks at attractive valuations amid market corrections, ace investor Govind Parikh said on Wednesday, in an interaction with NDTV Profit.One should keep around "10% cash in his portfolio", said Parikh, who is the managing director of Govind Parikh Securities Pvt.The market veteran realised the importance of cash during the 2008 market crash, when he was unable to m...
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