Indeed agree on beauty of this forum.
Regarding the risk of Prashant Jain’s leaving the AMC, I think now most MF investors are pretty much well read and informed…HDFC AMC not doing well since few years is well known fact and this exit may actually not turn out to be a big event as it might have been had the funds been top performing since many years with all extra alpha, beta, Gama, delta seeking investors crowded…IMO that’s currently not the case…
Infact the exit might be counter intuitive as many were seeking growth rather than value strategy and with new CEO that had come from SBI MF, they could have already sensed big changes in strategy might come and may welcome it as well…
Not to mean Prashant Jain’s strategy is anything less and big respect for his strategy and ability to stick to it…but investors and market thinks with minds of their own and very difficult to predict or fathom…
Disc. 5% of portfolio invested in HDFC midcap opportunities fund and small position in HDFC AMC stock, hence maybe biased. Views only for academic purpose and I can be completely wrong in all my assessments.
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