The veteran fund manager further highlighted the fact that while the Indian markets are very advanced in terms of technology, the mutual fund product is one of the most transparent globally.
The AMCs that became big did so by doing well for their unitholders and stakeholders; the market rewards performance and integrity, not pedigree, said Munot.
Munot has over three decades of experience. He joined HDFC AMC as MD and CEO in February 2021
India shined through the year that was marked by global conflicts, technological breakthroughs and an unending supply of drama
The Chairperson of Sebi said that she demanded that the framework be made simpler and that the regulation is backed by data
Chalasani brings with him more than forty years of experience in banking and treasury operations.
Munot will take over the position from A Balasubramanian. The Board of AMFI also elected Anthony Heredia, MD and CEO, Mahindra Manulife Mutual Fund as the Vice-Chairman of AMFI
As India continues on its growth journey, the fund house aspires to be a wealth creator for every Indian, with an audacious vision to be the most respected asset manager in the world, Munot added.
Markets are forward-looking and are surely running faster than the economic recovery. This strong momentum is aided by easy liquidity and heightened participation of retail investors, he said
MC Insider had said on November 9 that Navneet Munot, who is currently the Chief Investment Officer at SBI mutual fund company where he has worked for 12 years, was likely to be appointed the MD & CEO of HDFC Asset Management Company
In an interview with Moneycontrol, Navneet Munot said SBI MF is anxiously excited as it scouts for winners amidst the chaos
The current crisis may force marginal players to shut shop, he feels.
As the quest for global supremacy leads to a race to indigenise technology, particularly between the US and China, the world could be staring at this century's 'Sputnik' moment.
The Budget continued with the thrust on infrastructure, agri and rural economy, social welfare, improvement in ease of living, simplification on taxes and leveraging technology for better governance.
The current economic crisis has set tone for reforms such as corporate tax cut and labour reforms, and has raised street expectations for more reforms
Global factors and noise around general election will be a drag on the market performance, particularly in the first six months of 2019
India stands out amongst emerging markets in the long term and is less vulnerable to global factors, says Navneet Munot, CIO of SBI MF.
Navneet Munot, CIO, SBI Mutual Fund says it's yet early days but India could be an ‘oasis of hope‘ among emerging markets (EMs) because on a relative basis the macro fundamentals look good along with optimism of domestic investors which has been supporting India market.
The outflow trend is expected to continue in the coming days following Britain's exit from the European Union.
Money Money Money Budget Special decodes what Finance Minister Arun Jaitley's tax proposals mean for your wallet and your wealth. Surabhi Upadhyay of CNBC-TV18 discusses FM's tax policies with Navneet Munot, CIO, SBI Mutual Fund and Gautam Mehra of PwC India.
Long-term investors should be looking at opportunities rather than being worried about what is happening in the market today, says Jayesh Gandhi, Sr Portfolio Manager, Birla Sun Life AMC.
Munot is betting on four broad drivers--the government's focus on the ease of doing business, technology enablers which help ion creating brands much faster, improvement in logistics and introduction of GST, and the fall in the cost of factors of production--to drive the revival in the economy.
Munot says going forward, the quantum of rate cuts by the RBI could be more than what the market is expecting.
Akhil Gupta advises countrymen to try and rely on the market mechanism as market has an amazing power to make things happen.
Reliance MF is bullish on IT and pharma, but has been moving away from FMCG.