SEBI move to reduce total expense ratio on MF schemes will have an impact on MFs and the industry will make its representation to the regulator soon, according to | Photo Credit: iStockphoto
Avinash Satwalekar, President, Franklin Templeton Asset Management (India) said foreign portfolio investors have been selling in India and diverting funds to other markets including China leading to these markets performing better than India in dollar terms.
India has lot of growth opportunities and will become the best performing markets, though it may have not performed in the near term, he said on the sidelines of the event to launch the fund house’s quantitative investment strategy-based Multi-Factor Fund new fund offer which opens for subscription on Monday.
Data-driven approach
The fund will use data-driven systematic approach to select stocks from BSE-500 index based on factors such as quality, value, sentiment and alternatives.
Satwalekar said earning growth will revive from next quarter with the benefit of cut in GST start stoking up consumption across sectors.
Though the uncertainty over tariff talks with the US lingers, he said India is largely driven by domestic consumption and it is not known to be a big exporter to the US except in few sectors.
However, talks are on between both the countries to sort out the issue in the near term, he said.
On the SEBI move to reduce total expense ratio on MF schemes, he said while it is a good move for the investors, it will have an impact on MFs and the industry will make its representation to the regulator soon.
Published on November 4, 2025
