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| Ashu SuyashChief Executive Officer L&T Investment Management Limited |
Ashu Suyash (CEO L&T Investment Ltd.) gave overview of Global
& Indian Mutual Fund Industry & how Mutual Funds can add values to Investors.
Equity
Mutual funds constitute approximately 21% of world Equity market
capitalization. Increase in share of equity assets is on account of
appreciation in asset prices and improved investor sentiment.
In coming years, mutual funds are also
expected to provide access to real estate asset class through REITs. M/s Ashu
supported the concept of SIP for effective wealth generation & availing tax
benefits.
Today L&T has AUM of Rs.20,673
crores, consistent growth in assets by 96% since Dec 2012.
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