After a dream run, inflows have slowed down for mutual funds since the beginning of 2016. Leo Puri, managing director, UTI Mutual Fund, tells Joydeep Ghosh & Tinesh Bhasin that the industry deserves some time to digest the regulatory changes over recent years, especially as things look uncertain over the next 12-18 months. Edited excerpts: How will implementation of the goods and services tax (GST) impact the financial sector? The GST rate is a sensitive issue. At present, we pay 14.5 per cent as service tax. This is expected to go up to 18 per cent, some say even 20 per cent, which I ...
What are ESG funds, how are they different from traditional MFs?
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