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We have highest equity concentration among top players: Canara Robeco MF

Ahead of its ₹1,326-crore initial public offering (IPO), Narula says despite near-term market volatility, he remains confident about sustained equity inflows

Canara Robeco Mutual Fund (MF) CEO, Rajnish Narula
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Canara Robeco Mutual Fund (MF) CEO Rajnish Narula (Photo: KAMLESH PEDNEKAR)

Sundar Sethuraman New Delhi

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 Though not among India’s top 15 asset managers, Canara Robeco Mutual Fund (MF) is focusing on building a durable, equity-driven business rather than chasing short-term assets under management (AUM) growth, says Rajnish Narula, managing director (MD) and chief executive officer (CEO). In an interview with Sundar Sethuraman, ahead of its ₹1,326-crore initial public offering (IPO), Narula says despite near-term market volatility, he remains confident about sustained equity inflows. Edited excerpts:
 
Competition in the MF industry is intensifying. How does your fund house differentiate itself? 
We have the highest equity concentration compared to the top 10 players. Our strategy is built