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Mirae Asset India chief bets big on India's growth story
Mint Mumbai
|August 16, 2023
Swarup Mohanty says there is plenty of room for growth for the mutual fund industry
The flow of investments into equity mutual funds has slowed down to ₹7,625 in July from ₹8,367 crore the previous month, according to data from the Association of Mutual Funds of India. It is in this context that Swarup Mohanty, chief executive and director of Mirae Asset Investment Managers, shared some interesting insights on the future prospects of the asset management industry. “The question we ask everyone is: What is on your mind: the Sensex climbing to 65,000 or India progressing to become the third largest economy in the world," said the Mirae India chief at Mint’s Annual Mutual Fund Conclave, 2023, held in Mumbai recently.
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