I am not scared of AUM or underperformance. However, I am scared of investors’ expectations and aspirations, said Rajeev Thakkar, CIO and Equity Fund Manager, PPFAS Mutual Fund. Thakkar was speaking at the 10th Unitholders’ Meeting held in Mumbai.
He explained that many mutual fund investors, and to an extent PPFAS investors, had unrealistic expectations and it worries him.