MFs plan to increase headcount as they gear up for commodity play

Some fund houses are also planning AIFs that can take exposure to commodity derivatives

Mutual fund (MF) players are reviewing their bench strength as they plan new launches in the commodity-linked products space. The development follows Sebi's opening up of the commodity derivatives segment to the Rs 27-trillion MF industry.

"We will look at hiring more analysts and fund managers given the diverse basket of commodities available after Sebi gave the go-ahead to MFs," said Aurobinda Gayan, head-commodities strategy, Tata MF.

The fund house has recently floated Tata Multi Asset Opportunities Fund, which can take 10-25 per cent exposure to commodity derivatives.

According to industry sources, some of the fund houses are also planning