Short-term volatility is a friend of the long-term investor: Sundaram MF MD

India is going to be the next China. It will be a foreign flow magnet, says Sundaram Mutual Funds MD Sunil Subramaniam

Investors shouldn’t focus too much on the short term and ignore the negative noises, says SUNIL SUBRAMANIAM, managing director, Sundaram Mutual Fund. In conversation with Samie Modak, Subramaniam says investors who have continued with systematic investment approach will benefit in the long run. Edited excerpts:

Is the recent moderation in flows a cause for concern?

Lump sum flows have come down over a period of time. The net inflow tally looks alarming due to high redemptions. The reason for redemptions could be multifold. A large part of the recent redemptions is due to active management by investors. This is in