Crisis Opens New Doors For SIP Investors

The correction in markets is helping retail investors accumulate more number of units of mutual funds and build a big corpus for themselves through the SIP route, N S Venkatesh, Chief Executive of the Association of Mutual Funds in India (AMFI), told Himali Patel in an interview. Credit risk concerns in the fund industry has largely ebbed because of regulatory support and upcoming redemptions, he said.      What is your assessment of the economy and market after the government’s stimulus measures? Indian equity markets have seen harsh corrections due to the pandemic. However, our government has risen to the occasion. Atmanirbhar plan as a dynamic mantra, and the `20 lakh crore package will help the economy resurrect in the coming quarters. As far as Mutual Fund (MF) industry is concerned, it is heartening to note that retail investors continue to demonstrate mature...