NPAs, provident fund and SIP flows together will put between Rs 1,10,000 crore and Rs 1,25,000 crore in mutual funds this year, says Nilesh Shah, MD, Kotak AMC, talking to ET Now.
Edited excerpts:
When the mutual fund data for March came out, it appeared that the SIP flows and the mutual fund collections were coming down. What is the update after that? Was March an aberration?
March was a normal month but people who interpreted data were in aberration. They failed to understand that in equity mutual fund, there is pure equity mutual fund where we go and invest into direct equity and there are also arbitrage funds where we invest in equity and short the futures.
