Veteran SIP investors not deterred by stagnant market: Kotak Mahindra's's Harsha Upadhyaya

Veteran systematic investment plan (SIP) investors have kept putting money into equities even as the market has moved sideways for about two years and interest rates have risen. Kotak Mahindra’s chief investment officer Harsha Upadhyaya notes that the disciplined, long‑term approach of these investors is not being shaken by the current range‑bound environment or the Reserve Bank of India’s recent hawkish tone.
For retail investors, this persistence signals confidence in the broader market and helps sustain fund inflows, which can cushion volatility. Going forward, the key factors to watch are any change in the RBI’s rate outlook, shifts in corporate earnings, and how market swings might affect the willingness of long‑term savers to stay the course.
Key takeaways
- Category: Economy.
- AI reads the tone as negative (potentially bearish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.










