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Published on Nov 22, 2013
Prashant Jain, Chief Investment Officer, HDFC Mutual Fund, says that the extent of MF redemptions have been unfortunate but certainly not surprising.
Anoop Bhaskar, Group President and Head of Equity, UTI Mutual Fund, says that more PF and corporate money needs to move to equities. Moreover, S. Naren, Chief Investment Officer, ICICI Prudential AMC, says that volatility is an inbuilt factor into the market now. However, talking about cautious Indian investors; Anup Maheshwari, Executive VP & Head -Equities, DSP BlackRock Investment Managers, says, "Globally every investor is most pessimistic on their own country."
Watch the conversation Bloomberg TV India's Vivek Law had with the bosses of HDFC Mutual Fund, ICICI Prudential, UTI MF and DSP BlackRock at the Cafe-Mutual Confluence 2013