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Prashant Bhai is retiring better than Donald Bradman: Nilesh Shah, CEO, Kotak Mahindra Mutual Fund

Prashant Jain is an analyst and a portfolio manager par excellence. His ability to understand managements, businesses, and valuations across debt and equity, across market cycles was superior to most on the Street.

September 16, 2022 / 02:23 PM IST

Now I know the feeling which players and spectators felt when Donald Bradman announced his retirement or will feel when Roger Federer announces his retirement.

Prashant Bhai is a legend. He has been a brand ambassador for the mutual fund industry for the last three decades. Most importantly he is a true gentleman.

He is a legend not because he is the first fund manager to manage more than Rs 1 trillion in equity funds, has managed funds for more than three decades, or his fund has delivered four times more return than the market over a long period of 26 years.

Also read | 'Investment discipline over returns chase', Prashant Jain's peers weigh on his legacy