News From Press Social media is the biggest risk for mutual funds, says Nimesh Shah

Social media is the biggest risk for mutual funds, says Nimesh Shah

Platforms such as Twitter have become a favoured ground for investors to look for stock tips, news, and views on a particular stock or mutual funds given the convenience that they lend to users.

ET Jan 22, 2021

Nimesh Shah, chief executive officer of ICICI Prudential Asset Management, on Thursday said social media has emerged as the biggest risk for India's mutual fund industry. He was speaking at the fourth edition of ETMarkets Global Summit.

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