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On May 28, 10 years ago, Parag Parikh Flexi Cap, the fund house’s flagship fund and its first scheme, opened up its doors to investors. But the fund house believes it has just got started.
Rajeev Thakkar on how raising MFs' overseas investment cap to help investors SECTIONS Last Updated: Jun 04, 2021, 10:48 AM IST Share Synopsis “It is a very positive move and it should ease the concerns of investors that fund houses may have to stop assessing inflows.” ETMarkets.com Related The industry will be able to offer additional geographies as well as additional sectors to the Indian investors, says Rajeev Thakkar, CIO, PPFAS MF. Sebi has raised the overseas investment limit for individual mutual funds to $1 billion while the industry cap is still at $7 billion. What are your initia...
Rajeev Thakkar, CIO, What do you make of Warren Buffett’s letter this year? The interesting thing about this year’s letter is what is not there in the letter. People eagerly wait for the letter to get his commentary on the yield environment, on the market environment as to the listed equity and other things. He has said that bonds are not the place to be in now. He has said that before given the low interest rate. However, he has not said what should be done with the money that either Berkshire Hathaway has or other investors may have in the absence of bonds.