IDFC Mutual Funds asset under management are up 32% to close to Rs 28,000 crore. As the market has been trading flat, diversified funds have been the best performer and according to Naval Bir Kumar, MD and CEO of IDFC MF, "If the market remains flat over the next 12 months, the focus will remain outside the index stocks"
He sees opportunities coming from outside the index stocks.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
