At the Nivesh India event hosted by ET NOW, top fund managers Harsha Upadhyaya – CIO at Kotak AMC, Tushar Pradhan – CIO at HSBC Global AM and R Sivakumar of Axis Mutual Fund said that there's absolutely no downside for equities in the long run. Here's an excerpt of the panel talk, on the merits of long-term investing. Listen in.