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MFs plan to increase headcount as they gear up for commodity play

Some fund houses are also planning AIFs that can take exposure to commodity derivatives

Jash Kriplani  |  Mumbai 

Mutual fund (MF) players are reviewing their bench strength as they plan new launches in the commodity-linked products space.

The development follows Sebi's opening up of the commodity derivatives segment to the Rs 27-trillion MF industry. "We will look at hiring more analysts and fund managers given the diverse basket of commodities available after Sebi gave the go-ahead to MFs," said Aurobinda Gayan, head-commodities strategy, Tata MF. The fund house has recently floated Tata Multi Asset Opportunities Fund, which can take 10-25 per cent exposure to commodity ...

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First Published: Thu, March 05 2020. 19:53 IST
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