Speaking at ASSOCHAM’s 17th Mutual Fund Summit, the SEBI Whole Time Member said expanding investor participation through innovation, financial inclusion and investor protection will strengthen India’s long-term capital markets.
The mutual fund industry has emerged as an important pillar of India’s financial markets and is expected to play a significant role in the country’s journey towards Viksit Bharat, according to Amarjeet Singh, Whole Time Member, Securities and Exchange Board of India (SEBI).
Speaking as the Chief Guest at ASSOCHAM’s 17th Mutual Fund Summit on the theme “Capitalizing on India’s Economic Ascent for Viksit Bharat”, Singh said mutual funds are enabling households to participate in long-term wealth creation, providing stable domestic capital for economic growth and strengthening corporate stewardship through shareholding in listed companies.
He noted that while the industry has made considerable progress, millions of Indian households are yet to invest in mutual funds.
“There is scope for doing more on these three fronts in the journey towards Viksit Bharat,” Singh said.
He added that expanding participation would require innovation in product design, distribution and investor communication while maintaining a strong focus on investor protection.
“I am confident that through the collective effort of regulators, industry participants, distributors, investor associations and educational institutions, we can build an investment ecosystem that is aligned with the aspirations of a Viksit Bharat,” he said.
The summit brought together regulators, industry leaders, distributors and market experts to discuss the future of India’s mutual fund industry and capital markets.
S. K. Jindal, Chairman, National Council on Commodity Markets & Investments, ASSOCHAM, said mutual funds play a critical role in connecting household savings with productive enterprises, supporting both wealth creation and national development.
Lav Chaturvedi, Chairman, National Council on Capital Market, ASSOCHAM, said India’s financialisation journey has gathered pace, with the ratio of mutual fund assets to fixed deposits increasing significantly over the past decade.
Sandeep Bhardwaj, Co-Chairman, National Council on Capital Market, ASSOCHAM, said the industry’s biggest opportunity lies in bringing millions of new investors into the formal investment ecosystem.
Jayprakash Gupta, Co-Chairman, National Council on Capital Market, ASSOCHAM, said technology has simplified investing and enabled more Indians to participate in capital markets while also exploring global investment opportunities.
The summit also featured panel discussions on regulatory reforms, market outlook, investment strategies, fintech innovation and investor education. During the event, ASSOCHAM released a knowledge report prepared in association with CareEdge Ratings.
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