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We might see a shift to low-cost largecaps after TRI: Radhika Gupta, CEO, Edelwiess MF

We might see a shift to low-cost largecaps after TRI: Radhika Gupta, CEO, Edelwiess MF

Finance
The mutual fund industry is shifting to TRI benchmarks in February. The mutual fund industry is waiting to see how investors would react to the new benchmarks.ET.com Mutual Funds spoke to Radhika Gupta, CEO, Edelwiss Mutual Fund, which is using TRI as a benchmark since September 2017. Edited interview.Edelwiess Mutual Fund introduced TRI as benchmark in its schemes last year. How many schemes have been benchmarked against TRI till now? What has been your experience managing such schemes?Yes, in September-October, 2017, we benchmarked all out domestic equity schemes against TRI. Many online portals are still showing the earlier benchmarks against our schemes, I don't know why. But if you look at our factsheets, the TRI indices are clearly mentioned as the benchmarks. Switching to TRI was ...