Over the years, there has been a growing awareness in India in terms of financial savings and investments to deal with future uncertainties and contingencies, especially after the pandemic. As a safer investment alternative due to asset diversification, the Mutual fund industry in India has been on a steep rise since the last decade, leading to cut-throat competition even in the distribution market. Various factors, such as Digitalization, Informed SIPs, SEBI’s active reforms, and increased advertisements by Mutual Funds Sahi Hai, have been driving the Indian mutual fund industry. AUM of the Indian Mutual Fund industry is currently valued at around Rs.41.62 trillion and is estimated to grow at a CAGR of 22.5 percent by 2028.
KT Prasad, VP Strategic Enterprise APAC, Zendesk
Yugal Yadav, Senior Director, OakNorth Credit Intelligence
Deepak Sharma, President & Chief Digital Officer, Kotak Mahindra Bank
Arvind Singh, Head - Information Technology, 7-Eleven India