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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The resignation of sales co-head Naveen Gogia is seen as a major setback to the AMC’s efforts to regain lost ground. But, it also removes the last vestige of the founding team, opening up the field for the CEO.
Despite record inflows, AMC stocks have not delivered strong returns. Moreover, the best AMCs are not listed and may never opt to be, for good reason.
Under CEO Navneet Munot, the one-time leader of the mutual fund industry has adopted a mix of investment strategies and products to regain lost ground.
A safety-first strategy and not having a star manager has only helped the mutual fund business of India’s largest bank. Will it hold its ground?
