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Create level-playing field for MFs

Top honchos of the mutual fund sector debunk the belief that current expense ratios are high, argue in favour of consolidation of schemes, and highlight the changing role of technology

BS Reporters  |  Mumbai 

The CEOs of India’s biggest mutual fund (MF) houses are confident long-term inflows into equity schemes will not be impacted by intermittent market correction. That was the consensus at the Business Standard Fund Cafe in Mumbai on Tuesday.

The top honchos of five leading fund houses said the industry should not shy away from going down the credit curve when it comes to debt investment as long as risk calibration is taken care of. In addition, they spoke in length on many crucial issues as well as potential disruptions that could have a lasting impression on the industry. ...

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First Published: Wed, August 31 2016. 00:16 IST