Alok Vajpeyi says Each scheme has specific investment objectives which are clearly defined in the Offer Document. Alok Vajpeyi says Could you be more specific. Alok Vajpeyi says It is unlikely in the current interest rate scenario on a sustainable basis. However, we still believe the debt funds provide a very attractive alternative. Alok Vajpeyi says Mutual fund is a long term industry.
Stock markets are cyclical in nature.
Mutual fund future is strong in any financially liberalised economy. Alok Vajpeyi says There are very strong regulatory safeguards and capital requirements. Alok Vajpeyi says Bothe are good depending upon how you are looking at your cash flows and your tax status requirements. Alok Vajpeyi says There is clearly a downturn globally which will play itself out in time but global markets clearly have a strong influence now on our own Indian markets. Alok Vajpeyi says Yes, in the near future.