“India’s growth trajectory is expected to remain on a strong course supported by a recovery in capex and industrial activity,” said Gupta, adding that these, among other factors, should continue attracting investors to invest in India. Edited Excerpts: Q. What are your views on the current market conditions and which sector do you think will …
Ashish Gupta, chief investment officer of Axis Mutual Fund, said the mutual fund industry in India, which currently has assets under management (AUM) of ₹46 trillion, is growing rapidly and it will get the next ₹40 trillion in just five years. Gupta said the industry has been doubling its AUM roughly every five years since …
The panel on ‘AA and AI—What’s the next wave of innovation in Mutual Funds’ comprised Varun Sridhar, CEO, Paytm Money; Chetan Mehra, head – quantitative investment, PMS & alternative investments, Bandhan AMC Ltd; and Vetri Subramaniam, chief investment officer, UTI AMC. Edited excerpts from the panel discussion: What, according to you, will be the next …