The mutual fund industry has been on a roll in the past couple of years. With systematic investment plans adding Rs 5,000 crore per month, the industry is finally getting long-term money. A Balasubramanian, CEO, Birla SunLife Mutual Fund, which has assets of Rs 1.95 lakh crore, believes that the rising number of SIPs indicates that investors are beginning to mature. He tells Joydeep Ghosh and Priya Nair that earnings are likely to see an improvement in the June quarter and the equity market is expected to do well this financial year. Edited excerpts:
Is the mutual fund industry expected

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