The Reserve Bank of India s rate-setting panel on Wednesday started discussions to firm up the next bi-monthly monetary policy amid expectations that it might retain status quo on interest rate but change its monetary policy stance amid rising inflation on account of geopolitical developments.
‘The core of NJ AMC’s offering will be rule-based products’
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NJ India Invest, one of India’s largest mutual fund distributors, was granted a licence by Sebi to launch a mutual fund on 30 April. In an interview, Rajiv Shastri, CEO, NJ Asset Management, spoke about his plans for the asset managem-ent company. Edited excerpts:
Can you give us some background on NJ India Invest in terms of AUM, distribution network and PMS business and how they have evolved since inception?
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