Smart Surfing In A Turbulent Market

Nimesh Shah | MD and CEO, ICICI Prudential AMC   The mutual fund sector has been going through a somewhat rough patch since some time. Also, the ongoing credit crisis has been looming large since end of 2018. Nimesh Shah, MD and CEO, ICICI Prudential AMC, in an interview with Yagnesh Kansara delves a little deeper into the scenario.   Currently what phase the MF sector is going through? How long will it take it to revive? Currently, there is a widespread misconception that the whole debt mutual funds is under stress. In terms of numbers, the troubled debt papers form only 1.3per cent of total mutual fund industry’s fixed income assets, which is around `13.38 lakh crore. Just like volatility is an integral part of equity investments, same is the case when it comes to credit investments. However, the point to understand here is that concerns pertaining to debt papers...