Moneycontrol Mutual Fund Summit 2024: Empowering Bharat through SIPs

Empowering Bharat through SIPs 

It is then critical that we celebrate the industry, laud the achievers and spread further awareness to ensure that the yet massive, untapped populace of Bharat benefits from the growth story that Mutual Funds continue to be.

This year's Moneycontrol Mutual Fund Summit, promises to shine a spotlight on how Systematic Investment Plans (SIPs) are making financial markets accessible to millions across Bharat. Scheduled for August 21, 2024 , the summit will feature key industry leaders and is expected to draw attention from 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 as little as a few hundred rupees each month. According to recent statistics, the yearly SIP book has grown from Rs 43,921 crore in 2016-17 to a staggering Rs 1,79,948 crore in FY 2023-24 until February, demonstrating robust growth and the increasing popularity of SIPs among investors.

Industry Leaders Speak
The summit will feature a panel of esteemed speakers, starting with Mr. Amarjeet Singh, Whole Time Member, SEBI. Joining him will be Mr. Nimesh Shah, Managing Director and Chief Executive Officer of ICICI Prudential Asset Management, and Ms. Radhika Gupta, Managing Director and Chief Executive Officer of Edelweiss Asset Management.
Adding further industry star power will be Mr. Swarup Mohanty, Chief Executive Officer of Mirae Asset Investment Managers, India; Mr. Kailash Kulkarni, Chief Executive Officer of HSBC India Asset Management; Mr. Ajit Dayal, Founder and Advisor of Quantum Advisors Private Limited; and Mr. Rajeev Thakkar, Chief Investment Officer and Director of PPFAS Mutual Fund; Ms. Lakshmi Iyer, CEO-Investment & 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.