Profit

What is the outlook for Mutual Fund sector?

PUBLISHED ON: February 23, 2012 | Duration: 10 min, 31 sec

  
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Naval Bir Kumar, MD of IDFC MF and Rajiv Deep Bajaj, Vice Chairman & Managing Director of Bajaj Capital Ltd discussed the outlook for the Mutual Fund sector. The sector has so far seen a growth of 8 per cent in assets to Rs 6.59 trillion by January end. Also a total of 49 fixed maturity plans were launched in January, garnering Rs 78.44 billion.
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