Moneycontrol Mutual Fund Distributor Awards: Honouring Excellence in the Financial Sector

In a spectacular gathering at the third edition of the Moneycontrol Mutual Fund Summit, the first-ever Moneycontrol Mutual Fund Distributor Awards were presented, celebrating the individuals and organisations that have significantly contributed to the growth and success of the mutual fund industry.

These awards recognised the tireless effort, innovation, and excellence demonstrated by mutual fund distributors who are not just embracing the future of finance but are actively shaping it.

Award Winners and Their Impact

SIP Champion Award

• Recognising distributors who have effectively promoted disciplined investing behaviours through Systematic Investment Plans (SIPs), this award was presented regionally to:

◦ North Zone: Maloo Investwise Private Ltd.

◦ South Zone: Future First Financials Pvt Ltd

◦ East Zone: Finomatic Fintech Services Pvt Ltd

◦ West Zone: Ambition Finserve Pvt Ltd

Each of these firms has played a pivotal role in enhancing wealth creation by registering the highest number of SIPs in FY 23-24 within their respective zones.

Youth Investment Champion

• Awarded to Prabeta Vision LLP, this accolade honours the firm's exceptional success in onboarding the highest number of young investors, thereby instilling the importance of early and smart investment practices among India’s next generation.

Distributor of the Year

• Sapient Finserve Pvt. Ltd. received this award for successfully expanding the mutual fund investor base and driving financial inclusion and growth by registering the highest number of new investors in FY 23-24.

FinTech Impact Award

• Celebrating technological innovation in finance, this award was presented to AssetPlus, which has significantly transformed the mutual fund industry by making investment opportunities more accessible and user-friendly through the use of technology platforms.

National Distributor Award

• Prudent Corporate Advisory Services Ltd. was recognised for their extensive reach and effectiveness in broadening the investor community across the nation, having onboarded the highest number of new mutual fund investors in FY 23-24.

B30 Champion Award

• Sukanta Bhattacharjee was honoured for managing the highest Assets Under Management (AUM) in the B30 category, which encompasses cities beyond the top 30, driving financial inclusion and prosperity in emerging markets.

B30 Champion Award

• Sukanta Bhattacharjee was honoured for managing the highest Assets Under Management (AUM) in the B30 category, which encompasses cities beyond the top 30, driving financial inclusion and prosperity in emerging markets.

Lifetime Achievement Award

• This prestigious award was presented to Goldstar Financial Services Pvt. Ltd. for their long-term dedication, influence, and significant contributions to the growth of the mutual fund industry over generations of investors.

Naari Shakti Award

• Ms. Manju Mansekar of Armstrong Capital & Financial Services Pvt. Ltd was celebrated for her leadership and for managing the highest AUM across all schemes in FY 23-24, showcasing exceptional female leadership in finance.

Bank Accelerator Award

• HDFC Bank Ltd. was celebrated for opening the highest number of new mutual fund investor accounts, excluding those sponsored by the bank’s Asset Management Company (AMC).

These awards have set a benchmark for excellence within the mutual fund industry, recognising the key role that distributors play in expanding financial literacy, accessibility, and growth across various demographics. As the mutual fund landscape continues to evolve, the Moneycontrol Mutual Fund Distributor Awards highlighted the ongoing commitment of these professionals to fostering a more inclusive and robust financial future for all of Bharat.

Know more: Moneycontrol Mutual Funds Summit 2024