Lakshmi Iyer, CIO (debt), head-products, Kotak Mahindra AMC
One can’t compare apple with custard apple just because there is a common name ‘apple’ between them. Likewise, a scheme having the words ‘short term’ in its name but without any defined contours, is not appropriate to be compared with another fund with its relevant contours. Hence, there has to be a standardized definition of what construes ‘short term’. It is also imperative from a risk profiling perspective, that the investor knows exactly what she is getting into.
