 "Former Sebi chairman and chief guest U K Sinha (third from left) with BS Fund Managers of the Year - (from left) HDFC MF's Prashant Jain (Large-cap Equity), Franklin Templeton's Anand Radhakrishnan (on behalf of Multi-cap Equity Winner Roshi Jain), A")
The Indian mutual fund (MF) industry has grown exponentially in the past five years, but one misstep can take it 10 years backwards, says U K Sinha, former chairman of the Securities and Exchange Board of India (Sebi).
While delivering his speech as chief guest at the Business Standard Fund Cafe 2019, Sinha said the Rs 24-trillion MF industry needed to win the trust of the ordinary person on the street and adapt to the changing landscapes, particularly on the technology front.
“It has taken a lot of efforts for this industry to come up to the current level. One
