In part two of the interview, the market maven talks about three investing mistakes he made and why investors need to temper expectations of high equity returns in the coming months
Prashant Jain, also known as the Don Bradman of the Indian mutual fund industry, believes equity returns of the past three-four years must not be extrapolated and expectations of future returns must be "very modest and realistic" as "there isn’t room for market multiples to move up" substantially.