Market returns may be 2-3% above nominal GDP growth in 2026: Anthony Heredia

While declining to comment on possible budget measures, Anthony Heredia, managing director and chief executive officer of Mahindra Manulife Mutual Fund, said that policy measures aimed at boosting foreign capital flows, either directly through tax incentives or indirectly, could help create economic momentum. After underperforming global peers for a year amid high valuations and low…

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Why NJ mutual fund has struggled to scale despite the backing of one of India’s largest distributors

Helios Mutual Fund, Zerodha Mutual Fund and Bajaj Finserv Mutual Fund, which launched around the same time or later, have built significantly larger asset bases despite lacking NJ’s distributor muscle. Bajaj Finserv Mutual Fund had assets under management (AUM) of ₹32,115 crore as of December-end, while Zerodha Mutual Fund had ₹₹9,969 crore. The contrast becomes…

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