Suresh Soni, Chief Executive at DHFL Pramerica Mutual Fund, is a passive investor who puts money in index funds without worrying whether the markets are going up or down. In a conversation with Business Today, Soni says he does not invest in gold or real estate and would prefer fixed-income investments as a diversification tool, which would also complement his equity investments. He has, however, made significant investments in his mutual fund (MF) during the past one year to strengthen its equity platform. Of late, the MF industry has shown an impressive growth, but Soni thinks it still has a long way to go. Edited excerpts:
What has been the big change in the mutual fund industry over the past couple of years?
Mid-cap Indian IT companies expected to outperform large-cap firms in FY25
Read More
