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Need for large fund houses to take the lead on sustainable investing

Navneet Munot, CIO SBI Mutual Fund

Mutual funds are trustee of people’s money and owe a fiduciary duty, first to their investors and then to the community at large. It can be best served….

From The CIO's Desk


The sharp economic slowdown of the past several months had necessitated policy action at a war scale. The Government responded with big bang reform on corporate taxes. The sharp cut essentially represents a huge transfer from the government to the corporate sector. In our view, this move underlines the government’s belief that it is the innovation, efficiency and enterprise of the private sector that will drive growth while the government plays the role of a facilitator in business. While this ...