Topic of the first panel discussion was: Are fund managers ready to manage ever-increasing inflows and investor expectations?
Speakers:
Lakshmi Iyer, chief investment officer (debt) and head-products, Kotak Mahindra Asset Management Co. Ltd;
Manoj Nagpal, managing director and chief executive officer, Outlook Asia Capital;
Navneet Munot, executive director and chief investment officer, SBI Funds Management Co. Ltd;
Prashant Jain, executive director and chief investment officer, HDFC Asset Management Co. Ltd;
S. Naren, executive director and chief investment officer, ICICI Prudential Asset Management Co. Ltd
Moderator: Kayezad E. Adajania, deputy editor, Mint Money, Mint
Kayezad Adajania: The past year-and-a-half has been good for mutual funds in India largely because investors have been consistently investing, mainly through SIPs. About Rs5,000 crore worth of inflows come in every month through SIPs. Retail investors have been warming up to debt funds as well. But if there is a market correction, as many experts are saying will happen, are fund managers ready to manage the ever increasing inflows through SIPs? Also, with institutional investors becoming as powerful as foreign institutional investors, will this be the new norm?
