Canara Robeco Asset Management Company · tone and specificity signals across the available quarters.
Language signals
We like our yields to be in the range of 35 to 38. That's where we'd like to be comfortable with that range. It allows us room to go in for some asset classes or some product structures which may be lower yielding but will add to your growth and it doesn't add to our cost base.
Going into passive will certainly bring the yield down over time but because there is it goes the revenue from there will straight go to your bottom line because there's no added cost to it. Yield for us is certainly an important factor but not the only factor we look at while building our business.
SIP as we all are aware, the first quarter of this year we have seen in the industry also that due to the market volatility we have seen in terms of the higher discontinuation. I think a bit in the last month it has shown some improvement.
We are an equity focused fundhouse with a small basket of funds that we believe are suited for the investor.
If you want to just look at one metric, it should be just growth, because everything else can be managed if you're growing.
We are still studying the data. It's still early days for us to look at it, but that's the trend we see.