Tag: HDFC AMC

  • Moneycontrol summit fuels MF industry’s next leap

    Moneycontrol summit fuels MF industry’s next leap

    MUMBAI: When India’s top fund minds gather under one roof, the conversation is bound to compound. Moneycontrol, India’s leading financial news platform, hosted the Bengaluru edition of the Moneycontrol Mutual Fund Summit 2025, presented by HDFC Mutual Fund and powered by Axis Mutual Fund, bringing together the country’s sharpest asset management leaders to decode the next phase of India’s mutual fund revolution.

    With the theme “Decoding purpose, product, and tech,” the Bengaluru leg built on the momentum of the Mumbai debut, spotlighting the industry’s journey toward a 1 trillion dollars AUM by 2030. The discussions explored how innovation, trust, and digital transformation are reshaping mutual funds from passive savings tools into dynamic wealth-creation engines.

    The summit featured an illustrious line-up including D.P. Singh (SBI Mutual Fund), Navneet Munot (HDFC AMC), Vaibhav Shah (Mirae Asset), Sandeep Tandon (Quant MF), and Neil Parikh (PPFAS MF), among others. Together, they offered insights into everything from investor behaviour and regulatory frameworks to the rise of AI-driven financial advisory.

    Highlighting the potential of the newly launched SIF category, D.P. Singh noted, “SIF bridges the gap between mutual funds and AIFs/PMS, offering evolved investors flexibility with oversight. Within a year, SIFs could grow into a Rs 1 lakh crore category.”

    HDFC AMC’s Navneet Munot struck an optimistic note, “India is transforming from a nation of savers to a nation of investors. People are ambitious, aspirational, and want to create wealth. India is a compounding story.”

    Echoing this forward-looking sentiment, Mirae Asset’s Vaibhav Shah underscored the importance of a liberalised framework for cross-border investments, while Motilal Oswal’s Akhil Chaturvedi observed that Indian investors are now more resilient and long-term focused.

    As India marches toward Viksit Bharat 2047, the Bengaluru edition of the Moneycontrol Mutual Fund Summit 2025 reinforced the sector’s crucial role in driving financial democratisation and wealth creation. With technology, purpose, and innovation steering the next phase, the mutual fund industry seems poised not just to grow, but to evolve.

     

  • Trust fund rally as mutual industry eyes Rs 100 lakh crore with caution

    Trust fund rally as mutual industry eyes Rs 100 lakh crore with caution

    MUMBAI:If India’s mutual fund industry were a blockbuster, it would now be at its intermission Rs 100 lakh crore down, and another Rs 100 lakh crore to go. That was the spirit animating the fourth edition of the Moneycontrol Mutual Fund Summit in Mumbai, where the country’s top fund managers, regulators, and market veterans converged to chart a responsible roadmap to the next trillion-dollar milestone.

    The big number Rs 100 lakh crore in AUM (Assets Under Management) is no longer a pipe dream. But as SEBI Whole-Time Member Amarjeet Singh warned in his keynote, with great inflows come great responsibilities. “People are trusting mutual funds with their money, and that trust should not be disturbed,” he said. “Growing the right and responsible way becomes very important.”

    That note of caution echoed across the summit, where talk veered from geopolitics to granularity, inflation to inclusion. HDFC AMC MD & CEO Navneet Munot offered a moral compass: “Truth is the foundation, transparency is the path, and True North can be like our compass.” He praised SEBI’s “co-creative” approach to regulation, one that encourages dialogue, not duels.

    Liquidity, not just logic, remains the dominant force in markets, observed Axis AMC CIO Ashish Gupta. “No market is insulated from global risk trade or geopolitics. But liquidity continues to be the biggest driver of asset prices.”

    With fund launches, especially thematic ones, flooding the market, the panel agreed that innovation must be balanced with investor education. “We’ve created many pieces like Lego. What’s missing is education,” said Edelweiss AMC MD & CEO Radhika Gupta. “We need to tell people kaunsa mutual fund sahi hai which one fits their goals.”

    Gupta also hailed SEBI’s nod to Social Impact Funds as “forward-looking”, opening the doors for ethical investing in India’s evolving MF landscape.

    Meanwhile SBI Mutual Fund deputy MD & joint CEO D P Singh reminded the audience that education is also about action. “We’re powering platforms like mutualfundskyusahihai.com to take investor awareness to the next level.”

    One number got heads nodding: Kotak AMC’s Nilesh Shah pointed out that India has nearly 30 crore vehicle owners but just 5.5 crore mutual fund investors. “The next leg of growth is clearly in Bharat,” he said, emphasising the need to tap into smaller towns and first-time investors.

    The summit closed with a call for balance. More innovation, but with integrity. More investors, but through inclusion. And more funds, but built on fundamentals. With Rs 100 lakh crore already clocked, the mutual fund industry isn’t just managing wealth anymore, it’s managing trust.

    And in this next chapter of financial deepening, India’s mutual fund fraternity knows the best returns will come not just from markets, but from meaning.

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  • Mutual fund bigwigs to chart India’s $1 trillion AUM journey at Moneycontrol summit

    Mutual fund bigwigs to chart India’s $1 trillion AUM journey at Moneycontrol summit

    MUMBAI: For India’s booming mutual fund sector, the trillion-dollar mark is no longer a distant pipe dream—it’s a target with a ticking clock. On 23 June 2025, Mumbai will host the fourth edition of the Moneycontrol Mutual Fund Summit, themed ‘The Trillion Dollar Dream’, aiming to unpack the roadmap to reach $1 trillion in Assets Under Management (AUM) by 2030.

    The summit, presented by HDFC Mutual Fund and powered by Axis Mutual Fund, will bring together a high-powered roster of financial minds, market regulators, and investment strategists. The agenda: laying down actionable insights to accelerate investment growth, widen retail participation, and future-proof India’s fund ecosystem.

    The speaker lineup reads like the Who’s Who of the Indian financial galaxy. From SEBI whole time member Amarjeet Singh to top AMC heads including Navneet Munot (HDFC AMC), Nilesh Shah (Kotak Mahindra AMC), and Radhika Gupta (Edelweiss Mutual Fund), the event promises both brain and brawn. Other stalwarts include Vishal Jain (Zerodha Fund House), Niket Shah (Motilal Oswal AMC), Kalpen Parekh (DSP), and Rahul Singh (Tata Mutual Fund), among others.

    “The mutual fund industry is at the heart of India’s retail investor boom and we are delighted to be hosting the fourth edition of the Moneycontrol Mutual Fund Summit”, said Moneycontrol managing editor and Network18 chief AI officer – editorial operations Nalin Mehta. “Our theme of ‘The Trillion Dollar Dream’ this year captures myriad aspects of India’s incredible journey, from expanding financial inclusion to the fast-changing demographic of the country’s retail investor base”.

    The summit will feature a mix of panel discussions and standalone sessions. Topics on the docket range from regulatory frameworks and digital democratisation to the changing behaviour of young investors and the evolving role of AI in personal finance management.

    The annual summit has become a marquee event in India’s financial calendar, offering not just macroeconomic perspectives but also granular playbooks for AMCs, distributors, and policy stakeholders. The 2025 edition is expected to underscore how collaboration across regulation, distribution, and innovation is key to India’s financial future.

    The live event will stream on Moneycontrol.com at 5:00 pm IST on 23 June. For more details, visit: https://www.moneycontrol.com/msite/mutual-fund-summit-2025