In an interview with CNBC-TV18’s Mitali Mukherjee, Rajiv Deep Bajaj, VC and MD, Bajaj Capital, Naval Bir Kumar, president and CEO, IDFC Asset Management, Amitabh Mohanty, head-fixed income, Reliance MF, speak pros and cons of fixed incomes or fixed maturity plans (FMPs).
IDFC has launched IDFC Infra Equity Fund, which is a pure play infra fund. The company cites attractive valuation in the infra sector and a possibility of huge investment appreciation going ahead as the rationale behind launching the fund now.