The return of some of India’s most seasoned fund managers to the mutual fund industry is emerging as a good news for retail investors at a time when the sector is struggling with a steady outflow of experienced talent. As more star managers leave to start their own ventures and churn among fund managers accelerates, the comeback of long-cycle veterans is being seen as a stabilising force that could help the industry keep up performance at a time assets are expanding far faster than the talent pipeline.

Two weeks ago, the exit of Roshi Jain — the star fund manager brought in to step into Prashant Jain’s shoes only four year ago — sent ripples through the industry, sparking intense speculation about her next move. She is understood to be serving her notice period. Moneycontrol reported exc

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