Bajaj Finserv is now the 43rd player in mutual funds space. It’s task is to leave the crowd behind

Sanjiv Bajaj, chairman and managing director, Bajaj Finserv

Synopsis

There are 42 other players in the mutual funds industry. Bajaj Finserv, as the 43rd player, has already got a lot going in its favour — a brand name and a massive customer base. The company can hit the ground running easily but this is all on paper for now.

Douglas Adams, in his famous book The Hitchhiker’s Guide to the Galaxy, wrote that ‘The answer to the ultimate question of life, the universe and everything is 42’. Adams wrote it just like that, 42 isn’t something that has such deep answers.Geeks across the world, for years, have tried to ascribe choicest meanings to the number. But for Bajaj Finserv AMC’s senior management, 42, has a significant meaning. It is the number of players in the

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