 "Nimesh Shah")
Nimesh Shah, managing director and chief executive officer of India’s largest asset management company, ICICI Prudential MF, and the newly-elected chairman of Association of Mutual Funds in India (Amfi), shares his views on how the MF industry can improve its risk-management practices against the backdrop of the IL&FS default. In an interaction with Jash Kriplani, Shah also touches upon redemption pressures the industry is seeing and where debt and equity investors can put their money in the current environment. Edited excerpts:
How do you see the equity markets doing going ahead?
For the next six-nine months, weak macros, domestic political
