So, a lot of work keeps what you do, I mean 17 year old funds, I just look at that, 45 number of lakmes over two lakh corres. What feels like to have this kind of journey worn in 17 years.
Swarup Mohanty: No, it is a humble experience. First of all, always a humble experience in a covenant role. I mean enjoying the money of the money with others too fast to start and after the start of a global asset manager, now we stand in India the only organic Global Asset Manager in the country. It is not easy for global asset managers and then sit with more than 70 lakh folios something we don’t think of. Maybe the aum has our mind, but to enjoy many Investors Trust is greater. The USA …
That’s the Indian story right, rising in India.
Swarup Mohanty: Yes, perfect, increase in India.
But in this 17 years of experience, you are a Korean company, India as a market is something I don’t think Korean might think it will improve that. I really want to understand the transition in the last 17 years as an Indian insertion as a Korean company you witnessed.
Swarup Mohanty: I have to tell you that our chairman Mr Hyeon Joo Park is a fund manager itself. He started the fund industry in South Korea’s fund. We may be the first financial company that came out of South Korea to build a basis. We arrived in 2006-2007 and when the team arrived at India and then there was this call from here at our chairman why we were here, not here, we didn’t here. Trust me and I got the chance to tell the same story with the Prime Minister of this country so sometimes I think about what India we don’t see. They are part of their view of the structure growth of this country is incredible to sort a note because I am sitting in the 200 people, 199 Our chairman who is only in the next 10 years. One country when you are alone, you are different from thinking about what is happening. They may see things more than a neutral way from outside, some things we’ve got a little bias. We just mentioned the more fun the more bias you make it, the better the result.
But to say that in the last 17 years and we should give credit to where it should be, the insila insela also comes. I mean, 17 years thinking to think that your funding only takes the size of the aum you have. As, Indian investors will always receive news headlines and all noise around. What do you do to all happening today, this concern is what happens to tariffs, what happens to the whole and of course, the question of India is always a question mark.
Swarup Mohanty: Yes, one, of course, when a US-like country began to change behavior, all the behavior of others also began to change, we are at that stage. But because it is meant to be tenure began to expand, people accept it and form their own opinion. I personally felt that from defending capital markets every country today changed its own strategy, that was the time to start their own style in the world and maybe India shines on it. The second part from investors. I mean now when you look at the market and all of you sort of talking about it many times is that the market changes the market on a monthly basis and that is the moral market. I don’t think I can see it before my retirement. I took it, but it was so nice to see that demographic change, now three generations pushed out before my career. The generation of my Father, my generation, my children, the generation of my sons is something to turn it around. I am very severe in their behavior. I am very confident of their ability to look for a long time if you have a word like India’s story and good days ahead is what I can say.
But what do you do in the current market market? As we say to all the talks on tariffs and ask the mark where tariffs go for India and we still expect “the letter” and letter that is not very comfortable with the past. What is the next one year like all the uncertainty around?
Swarup Mohanty: My personal acquisition is India a structured story of the structure of the structure given around the world. If you have a growth story, it is India. So, based on that India definitely have its own negotiations, negotiation negotiations if negotiable table negotiations for tariffs. I mean, all country wants to join this country because the wealth is created at an individual level as we speak and it is the greatest consumption of a third we may have.
So, while having an effect on tariffs, we can be our own ability and then that is something we need to know that our cars can be consumed by our own people. Our produce can be consumed by our own people. So, net-net we’re here at this moment a remote story from the rest of the world. If you do head headlines when headlines appeal to our country, it is very wonderful to say that India will stay away from data points and strong data points. While some of us are disappointed when growth comes to 6%, the world is growing for 2-3%. It’s not good. But we have been disappointed with 6%. We have to grow 6% is our home commentary, but that’s 6% version 2 and that is something that people need to internalize.
But we have to have high benchmarks for our market.
Swarup Mohanty: We are needed.
