Expectations set by finfluencers on market returns a problem: Nithin Kamath

SEBI committee member Nithin Kamath has stated that although investment advisers are helpful to investors, they often set unrealistic expectations that can lead to disappointment. Underlining the positive impact advisors have had, Kamath said that when people expect to achieve returns they cannot realistically aspire to, they can end up being disenchanted. Speculating that such dissatisfaction could result in discouragement from further participation in the market, Kamath stressed that it is \”not really good for anyone.” SEBI is working on regulations to address the rise of unregistered investment advisers active on social media platforms.