This is a good time to invest in equity markets: Chandresh Kumar Nigam

'One needs to accept the reality that this asset class gives much higher returns; the cost one needs to bear is volatility'

Rising oil prices and a sliding rupee have rattled the markets over the past few weeks. CHANDRESH KUMAR NIGAM, managing director & chief executive officer, Axis Asset Management Company, tells Puneet Wadhwa that the recent fall presents an opportunity to investors who are yet to invest or have under-invested in equities. Edited excerpts:

Do you expect the markets to go down further?

That’s a difficult call to make at the current juncture. It is not linked to this particular event (IL&FS crisis). The markets can sway either side. That said, the last fall has given an opportunity for investors who still are