Fund management will always remain both an art and a science. If you do not have discretion, you will resemble an index fund. At the same time, with unbridled discretion, one may end up taking more risk than is desirable, says Sundeep Sikka ED & CEO, Nippon Life India Asset Management.
According to Sikka, the markets are closely watching the Israel-Hamas war, and are mindful of the upcoming elections in US and India. But while these events will have a bearing in the short term, as long as corporate earnings continue to grow, the future is bright
The Sebi circular is not just a circular but a reform that the regulator has brought about for the ETFs, says Hemen Bhatia, head-ETF, Nippon Life India