News From Press Covid second wave to have bigger impact on leveraged businesses: Ajay Tyagi

Covid second wave to have bigger impact on leveraged businesses: Ajay Tyagi

As markets consolidate and the fear of a big correction wanes, investors will come back, and flows should start to turn positive, says Tyagi

Source: Mint Apr 30, 2021

The past year was not good for the mutual fund industry from the inflows perspective. Ajay Tyagi, executive vice president and equity fund manager at UTI AMC talked to Mint about the outlook of the mutual fund industry, how markets will behave amid the second wave of covid-19 and his philosophy of picking stocks. Edited excerpts:

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