Regulations hurting India's mutual fund industry: Fidelity

Ashu Suyash is managing director and India country head for Fidelity International. She joined in late 2003 to start its asset management business in India. Prior to that she was head of strategy and business development for Citigroup. Can you outline the performance of India’s mutual funds industry over the past year? It has been a defining period for India’s mutual fund industry. We have seen unprecedented regulatory intervention and most of it has not been very helpful for the busi…