He pointed out that a good business and a good management will always trade expensive, but the complexity and art of investing comes in when you have to combine these two factors and decide what your cut-off price will be
In a rapid-fire round on Moneycontrol’s The Wealth Formula, the CIO-Equity of the country’s largest fund house spoke about why investment management is more fun that work, a bet that went horribly wrong and the investment stalwarts he admires
“There is a perception that there is no need to differentiate the professional young women by gender because they are already as empowered, as knowledgeable as anybody else. Their risk appetite or behaviour is as good or as bad as any other investor will have. The mutual fund products are the most democratized products representing anybody who has been putting Rs 500 crore or somebody who is doing an SIP of Rs 500 ”
The mutual fund journey has just begun for a large part of rural India. Coming from a background of safe bank deposits, people will need to be given awareness about mutual funds and their advantages.
When Srinivasan joined SBI Mutual Fund, people told him that he was a maverick. Fifteen years later he is the chief investment officer – equities at SBI MF and among Indias best fund managers. ET Prime spoke to Srinivasan about how he spots good businesses to invest in, whats a good fund manager, and his investing journey.