Moneycontrol Mutual Fund Summit 2024: Empowering Bharat through SIP

A picture (or, in this case, a chart) is worth a thousand words. And this one is worth billions when it comes to showing how the mutual fund industry has empowered ordinary investors over the three decades since financial liberalization.

Empowering Bharat through SIPs

It is therefore crucial that we celebrate the industry, laud the achievers and spread more awareness to ensure that the still huge and untapped population of Bharat benefits from the growth story that mutual funds continue to be.

This year’s Moneycontrol Mutual Fund Summit promises to highlight how Systematic Investment Plans (SIPs) are making financial markets accessible to millions of people across Bharat. Scheduled to be held on August 21, 2024, the summit will feature key industry leaders and is expected to attract attention across the financial sector.

The power of SIPs in India

SIPs have become a cornerstone of financial planning for many Indians, offering a way to invest in the markets with just a few hundred rupees a month. According to recent statistics, the annual SIP portfolio has grown from Rs 43,921 crore in 2016-17 to a staggering Rs 1,79,948 crore in the fiscal year 2023-24 till February, demonstrating robust growth and the rising popularity of SIPs among investors.

Industry leaders speak out

The summit will feature a panel of esteemed speakers, starting with Mr. Amarjeet Singh, Whole-Time Member, SEBI. He will be joined by Mr. Nimesh Shah, MD & CEO, ICICI Prudential Asset Management, and Ms. Radhika Gupta, MD & CEO, Edelweiss Asset Management.

Among the industry members joining the star-studded roster are Mr. Swarup Mohanty, CEO, Mirae Asset Investment Managers, India; Mr. Kailash Kulkarni, CEO, HSBC India Asset Management; Mr. Ajit Dayal, Founder & Advisor, Quantum Advisors Private Limited; and Mr. Rajeev Thakkar, Chief Investment Officer & Director, PPFAS Mutual Fund; Ms. Lakshmi Iyer, Executive Director – Investments & Strategy, Kotak Alternate Asset Managers; Ms. Roshi Jain, Senior Fund Manager, HDFC Asset Management; Mr. Dinesh Balachandran, Fund Manager, SBI MF; and Mr. Ashish Gupta, Chief Investment Officer, AXIS Mutual Fund.

Awards and recognitions

A highlight of the summit will be the Mutual Fund Distributors Awards, which will recognise outstanding contributors who have expanded the reach of mutual funds across diverse demographics, making a significant impact on financial inclusion in Bharat.

Register to participate
We look forward to your participation in this pivotal event celebrating the mutual fund industry that empowers everyday investors!

Click here to register for the event.

Join us live
Don’t miss this exciting event. Tune in to catch up on all the insights and debates as we explore how SIPs are empowering Bharat.

Mark your calendars for August 21, 2024 (starting at 4:00 p.m.) to watch live coverage on: Moneycontrol Mutual Fund Summit 2024.

Source link

Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.

Leave a Comment