Change in monetary policy, rural revival can lift equities: Union AMC CEO

Systematic investment plan inflows are the cornerstone for the mutual fund industry's growth, he says

Systematic investment plan (SIP) inflows are robust in this financial year despite volatility in the equity market and the trend is expected to continue, says G Pradeepkumar, chief executive officer of Union AMC. SIP inflows will remain the cornerstone for growth for the mutual fund industry, he told Abhishek Kumar in an interview.

Edited excerpts from the interview.

In a report, Union MF expects India to outshine all major economies. If that happens, which sectors will benefit the most?

Given that India is one of the fastest-growing large economies in the world, we believe that its average per capita income