Mutual funds should start disclosing retail assets: Reliance MF CEO

Sundeep Sikka explains how mutual funds can create business models that can deliver long-term growth and profitability.

The mutual fund (MF) industry is adjusting to new regulatory environment and market conditions. A year after Reliance MF listed on exchanges, the company’s chief executive officer Sundeep Sikka told Jash Kriplani his views on how the industry can create business models that can deliver long-term growth and profitability. Excerpts from an interview

How has Q2 been for the industry and for Reliance MF?

Overall, the gross industry flows have come down sharply in recent months. But our focus on the stickier retail investors is yielding results. Our SIP flows for Q2 were better than Q1 while new SIP count