Exclusive: Radhika Gupta Shares Outlook For Mutual Funds In 2024

Radhika Gupta, Managing Director & Chief Executive Officer of Edelweiss AMC, speaks with BTTV's Sakshi Batra about the future of the mutual fund industry in the upcoming year of 2024. She also provides insights into which mutual funds retail investors should consider holding. Gupta underscores the significance of Hybrid funds, Multicap funds, as well as Liquid and Contingency funds. Emphasizing that Multicap funds are excellent choices for long-term growth, she speaks on how retail investors can invest in IPOs through mutual funds. Gupta anticipates an investment influx of around 35,000 crores in the mutual fund industry through SIPs over the next five years. She advocates for the simplification of the SIP buying process, suggesting that it should be as easy as subscribing to a service like Netflix. Additionally, Radhika Gupta stresses the importance of thematic and commodity-based funds. Among the recommended funds, she advises considering the LARGE & MIDCAP TOP 250 COMPANIES INDEX fund.