The best captains don’t steer away from turbulent waters but ride through them with a steady hand. Managing the largest mid-cap fund in India, Chirag Setalvad, believes it is usually easier to outperform during bouts of volatility. This senior fund manager at HDFC Mutual Fund says that, by being consistent, diversifying and understanding businesses you invest in, risk can be managed and even leveraged. With elections around the corner, the market could see dips and highs, but Setalvad believes that the effect of polls is only short-term. According to him, in the long-term, market performance will be driven more by fundamentals.