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mutual fund: When the Indian HNI realised land, gold not enough to fund retirement

Synopsis At the end of October 2020, AUM managed by the PMS industry stood at Rs 19.2 lakh crore, up 40% on the October 2017 figure. New PMS providers with high quality fund managers are increasingly visible in the media and in the wealth management industry’s online conferences. Founder & CIO, Marcellus Investment Managers Mukherjea is the Founder & CIO of Marcellus Investment Managers (https://marcellus.in/). A London School of Economics alumni, he has over two decades experience in equity research and investment, and has spent much of his career figuring out the length and breadth of the Indian equity market. Someone described him as the missing piece of a sane thought leader in Indian equities. Mukherjea is author of the widely acclaimed book. Coffee Can Investing: The low risk route to stupendous wealth, besides two others The Unusual Billionaires and Gurus of Chaos. His newsletters on Indian markets and investment practices are most widely read.

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