The CIO says he doesn t want to position for an outcome but prefers a longer-term outlook, adding that the fund s forte is spotting business opportunities and trading based on business cycles.
Ashish Gupta, the new CIO at Axis Mutual Fund, along with new CEO B Gopkumar, is in major repair mode about how money is managed at India’s 8th largest mutual fund house. Gupta says the company has strengthened its processes and has been constantly communicating with distributors.