1. Over the next couple of years, what percentage of your AMC’s portfolio do you expect to be model-driven versus fund manager-led, and why? Which parts of the market do you think will still require a human edge to deliver alpha?
   

I don’t see this as a tug-of-war between algorithms and humans. The real opportunity lies in breaking that binary altogether. Models are brilliant at pattern recognition and bias removal — but they’re also prisoners of the past. Fund managers, on the other hand, can read emotion, leadership intent, and market mood — things no dataset captures.

So rather than assigning percentages, we’re building a system where models train the managers, and managers train the models. In stable markets, data will lead; in volatile cycles, human judgment will override. That fluid interplay — not rigid silos — is where future alpha lives.

Our edge won’t come from choosing sides, but from orchestrating the dance between intuition and intelligence better than anyone else.

2. What scheme-level rules have you adopted after stress tests were introduced to protect investors through greater disclosures, and how has this impacted the way you manage money today?

The stress-test framework didn’t just push for compliance — it forced a mindset shift. We’ve built dynamic liquidity buffers and real-time disclosure dashboards that flag early signs of concentration or credit stress across schemes. Instead of treating stress tests as a quarterly ritual, we use them as a live feedback loop to question portfolio conviction and liquidity assumptions.

The biggest impact? Fund managers now think in liquidity-adjusted conviction, not just returns — it’s made the way we manage money sharper, faster, and more self-aware.

3. With digital investing becoming low friction, what changes, if any, have you observed in investor behavior around holding periods or churn? Please share one metric that illustrates this, and the product or process changes you made in response.

Digital has made investing wonderfully frictionless — but it’s also made exits impulsive. Investors are reacting faster, not necessarily thinking deeper. We’ve seen holding periods shorten, not out of panic, but because the ecosystem constantly signals “act now.”

Instead of fighting that, we decided to change the quality of communication. Our digital touchpoints don’t just show performance; they tell stories — why a fund is positioned a certain way, what has changed in the underlying businesses, and the qualitative reasons to stay invested. We believe investors don’t need to be restrained; they need to be informed differently.

This kind of intelligent communication — transparent, contextual, and narrative-driven — has done more to improve investor patience than any rulebook ever could.

4. Rapid-fire round:

a. One AMC you admire (not yours) – ICICI Prudential AMC

b. One hot product trend you’re glad to have skipped for your investors - Momentum-chasing NFOs — we’d rather be early to ideas that endure than late to themes that fade.

c. One fund manager, past or present, you would love to have on your team- Charles Munger – timeless investment wisdom.

d. Beyond returns, one criterion you want investors to judge your AMC on - Clarity of intent. Are we transparent, thoughtful, and true to our stated philosophy — especially when markets turn?

e. If not at running an AMC, what would you be doing? - I’d be building a learning ecosystem that teaches people how to think about money, not just invest it.