Veteran investment banker and Chairman of DSP BlackRock Investment Managers HEMENDRA KOTHARI says the growth in the mutual fund industry in the next two years will be higher than in the last two years. In an interview with GEORGE MATHEW, Kothari, who will now have 100 per cent control in the fund house which manages assets of over Rs 86,000 crore, said he parted ways with BlackRock as he “did not want to be minority” and the US firm was keen to integrate its business as they don’t have any other joint venture globally. Excerpts:
Mutual fund industry witnessed huge inflows and growth last year. Will this trend continue?