Value Research Online

'We expect passives to account for 15-20% of AUM in 5 yrs'

Fri, 23 Oct 2026

ABSL AMC’s A Balasubramanian expects passives to reach 15-20 per cent of assets in five years. He also answers questions on slow growth, fees and the market outlook.

'Outflows reveal investor confidence'

Fri, 23 Oct 2026

Old Bridge Asset Management’s Ruchi Pandey says outflows reveal investor confidence, and why capacity limits how fast a concentrated fund can grow.

'Equities likely to give modest returns driven by earnings'

Fri, 23 Oct 2026

Axis AMC’s B Gopkumar expects modest equity returns driven by earnings, and passives at about 15 per cent of assets in five years. He also explains the small passive book.

'Aim to be a 100% rule-based house'

Fri, 23 Oct 2026

NJ Asset Management’s Vineet Nayyar wants a 100 per cent rule-based house built on quality, value and momentum, and plans to train 30,000 distributors.

'We still prefer large caps over mid and small caps'

Fri, 23 Oct 2026

ICICI Prudential AMC’s Nimesh Shah still prefers large caps to mid and small caps. He also answers questions on capacity limits, chasing returns and industry concentration.

'Risk-reward proposition is better, despite uncertainty'

Fri, 23 Oct 2026

HDFC AMC’s Navneet Munot says risk-reward has improved despite uncertainty. He also answers questions on fund size, 112 schemes and fees versus shareholder returns.

'Expect a leaner suite in the next 3 years'

Fri, 23 Oct 2026

360 ONE Asset’s Raghav Iyengar expects a leaner suite of schemes and compounding assets in three years, and says distribution was the lesson from sharper launches.

'Debt markets may stay volatile given higher global yields'

Fri, 23 Oct 2026

SBI Mutual Fund’s MD and CEO Debashish Mishra targets 100 million new investors in five years and expects volatile debt markets. He also explains how capacity is managed.

'Expect moderate, earning-led returns than a rerating boom'

Fri, 23 Oct 2026

Kotak AMC’s Nilesh Shah expects moderate, earnings-led equity returns and passives at 25-30 per cent of assets in five years. He also explains how he caps fund size.

'We expect passives at 40-50 per cent of AUM in five years'

Fri, 23 Oct 2026

Nippon India’s Sundeep Sikka expects passives at 40-50 per cent of assets in five years. He also answers questions on margins, fund capacity and curbing NFOs.

'Passives will keep gaining share as markets deepen'

Fri, 23 Oct 2026

Bandhan AMC’s Vishal Kapoor says passives will keep gaining share but that portfolios will blend active, passive and alternatives, and calls his house a challenger.

'We're bullish on Indian equity, despite volatility'

Fri, 23 Oct 2026

Sandeep Tandon says quant Mutual Fund is bullish on Indian equity over a decade, expects yields to stay high and keeps passives under 10 per cent of assets.

'Valuations are more reasonable and earnings should improve'

Fri, 23 Oct 2026

Motilal Oswal AMC’s Prateek Agrawal is constructive on equities as valuations ease, says returns must come from earnings, and expects a meaningful passive share.

'NAV justifies investors' trust in us'

Fri, 23 Oct 2026

Helios India’s Dinshaw Irani says he checks NAV every morning, and explains how a 40 per cent stock fall hit a position of around 1 per cent of the fund.

'I check risk reports every morning'

Fri, 23 Oct 2026

JM Financial Asset Management’s Amitabh Mohanty checks risk reports before business numbers each morning, and wishes he had launched his multi asset fund sooner.

'Look at us for deep stock research, joint decision-making'

Fri, 23 Oct 2026

Invesco Asset Management India’s Saurabh Nanavati says team research is the edge, targets one crore retail investors and expects passives at 10-15 per cent.

'Valuations are more reasonable and earnings should improve'

Fri, 23 Oct 2026

Motilal Oswal AMC’s Prateek Agrawal is constructive on equities as valuations ease, says returns must come from earnings, and expects a meaningful passive share.

'We're confident Indian equities may continue doing well'

Fri, 23 Oct 2026

HSBC Mutual Fund’s Kailash Kulkarni is confident in Indian equities, says active investing will dominate and defends a 45-scheme shelf as a deliberate choice.

'Equity markets should do better as profits recover'

Fri, 23 Oct 2026

DSP Mutual Fund’s Kalpen Parekh expects equities to do better as profits recover, warns rates could rise, and sees passives doubling to 20 per cent in five years.

'SIP growth reflects investor faith'

Fri, 23 Oct 2026

ITI Asset Management’s Jatinder Pal Singh tracks investor retention and SIP growth, and says asset allocation and discipline deserved more emphasis last year.