Sethurathnam Ravi, popularly known as S Ravi is the former chairman of Bombay Stock Exchange Limited (BSE). Currently he is the Founder and Managing Partner of Ravi Rajan & Co., an advisory and accountancy firm, headquartered in New Delhi, India. S Ravi was appointed by Government of India and RBI as Chairman of the Technical Experts Committee for Punjab & Sind Bank’s Strategic Turnaround. He was also appointed by Government of India as a member of the Strategic Revival Group for UCO Bank, where he played an instrumental role in formulation of the revival plan and its subsequent implementation. He has also served as Chairman of PNB Mutual Fund.
According to former BSE Chairman, Sethurathnam Ravi, “all the major fund houses in India provide window for global investments under various schemes. The schemes are well defined and the characteristics of the product offering are defined in the key information memorandum which is approved by SEBI. The process of investment is simple and similar to investment in domestic mutual funds. Technology has been the catalyst which has enabled investors to invest in a faster hassle-free environment. In the year of pandemic and lockdown Mutual’s have upgraded the platforms so that there is no disruption”.
According to him, this category is quite popular as investing in global mutual funds, the investors hedge their risk by investing in domestic as well as global stocks. International mutual funds invest in various countries and stocks including domestic stocks. Domestic fund houses also provide access to investment in global companies under various schemes floated specifically for such investments.
S Ravi BSE also affirms that ease of investing, technology upgrades and low fixed deposit rates have encouraged investors to invest through international mutual funds. The tendency of investors is also to mitigate risks by diversifying their portfolio across global markets and stocks. This is just a beginning as investors would certainly opt for such options as more domestic fund houses launch vehicles to invest allowing them liberty to choose schemes based on performance.
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