Weak Returns Drive Capital Outflows: Kenneth Andrade
  • Elizabeth George
  • Aug 07 2013

August 7: Referring to the state of fund flows, Kenneth Andrade, Head – Investment at IDFC MF, says weak returns are a huge concern for investors at the moment. For investors, it is a challenging time to build a diversified portfolio, he says, adding that equity has remained in single digits for the past 5-6 years. “The mutual fund industry is also facing challenges of alternative assets,” he adds.