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'People should spend more and also be more ambitious' Ashish Shanker, MD and CEO of Motilal Oswal Wealth, does not plan to retire early. His portfolio is 100% equities, with his largest holding in Motilal Oswal shares. He copes with volatility by not looking at his portfolio. He keeps a six-month emergency corpus in his savings account. Shanker believes in diversification for most clients but takes a different approach for high net-worth individuals (HNIs), advising them to put extra funds in equities. He convinced his parents to put all their mone...
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