Mutual funds had a dream run both in terms of record inflow and delivering returns to investors. However, valuations in equity markets running much ahead of any meaningful recovery in corporate earnings and pitfall in economic recovery remain major concerns, going ahead. Kalpen Parekh, President, DSP BlackRock Mutual Fund, shares his thoughts on the market’s prospects. Excerpts:
Do you expect inflows into mutual funds to increase next year?
Yes. I think inflows will continue as they are part of structural changes. However, the quantum of inflow can fluctuate depending on how stable or volatile rates and stock prices are.
