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Covid second wave to have bigger impact on leveraged businesses: Ajay Tyagi

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NEW DELHI : The past year was not good for the mutual fund industry from the inflows perspective. Ajay Tyagi, executive vice president and equity fund manager at UTI AMC talked to Mint about the outlook of the mutual fund industry, how markets will behave amid the second wave of covid-19 and his philosophy of picking stocks.

Edited excerpts:What philosophy do you follow when picking stocks?UTI Flexicap fund follows a philosophy of buying high-quality businesses that have the ability to grow for an extended period of time.

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