There are parts in a market cycle, when concentration of performance happens, and it becomes difficult for fund managers following a particular investment style to beat the market benchmarks, says S Naren, ED & CIO, ICICI Prudential AMC. Excerpts from an interview with ETNOW.
The mutual fund industry right now is struggling to beat the benchmark indices. Why do you think that is happening?
I have had the luck of working for 31 years, and watch the markets for long so.
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