The upcoming Moneycontrol Mutual Fund Summit 2024 is poised to be a landmark event for anyone related to, or even interested in the dynamics of mutual funds and systematic investment plans (SIPs).
Themed "Empowering Bharat through SIPs," the summit promises not only to delve into the impact of SIPs on broadening financial inclusivity and offering insights into the evolving landscape of mutual fund investments, but also to serve as a platform for the recognition of those who’ve propelled the space with their on-ground efforts - The Mutual Fund Distributors.
The event will be attended by industry experts and veterans, who will address the most relevant topics pertaining to the mutual fund industry.
The summit will begin with a keynote speech from Mr. Amarjeet Singh, a wholetime member of SEBI, setting the stage with his invaluable perspective on regulatory frameworks and their role in shaping the future of mutual funds in India.
Meeting Investor Expectations
One of the most pressing issues in the mutual fund industry today is aligning mutual fund offerings with the evolving expectations of investors.
With a bold mission of achieving Rs 50,000 crore a month in SIP inflows, the discussion will evaluate whether the industry infrastructure is poised for such ambitious growth.
Panelists will discuss strategies for integrating new and first-time investors into the market, emphasising the importance of educating them about the risks and potential returns. Key topics will include setting realistic return expectations, navigating investors through volatile markets, and strengthening internal mechanisms to prevent fraud and make asset management companies more robust.
Speakers such as Ms. Radhika Gupta, Managing Director and Chief Executive Officer, Edelweiss Asset Management, Mr. Swarup Mohanty, VC & CEO, Mirae Asset Investment Managers (India), Mr. Nimesh Shah, Managing Director and Chief Executive Officer, ICICI Prudential Asset Management, and Mr. Ajit Dayal, Founder and Advisor, Quantum Advisors Pvt. Ltd. will decode pathways to a comprehensive approach that aims to ensure that mutual funds
Mission SIP Rs 50,000 crore: Will the Right Advisor Please Stand Up?
The future of financial advisory and distribution is at a crossroads, with potential to significantly expand the reach of mutual funds.
The summit will also explore the vision of building a large-scale distribution network, possibly growing to a million investment advisors.
The feasibility of this dream, coupled with the necessity for stringent regulatory and compliance frameworks, will be examined.
Panelists will also discuss the critical need for a qualified workforce that can effectively guide new investors, ensuring they are well-supported during market fluctuations and beyond mere asset churning or NFO (New Fund Offer) selling.
Featuring insights from Mr. Kailash Kulkarni, Chief Executive Officer, HSBC India Asset Management, Mr. Suresh Sadagopan, SEBI RIA, MD & Principal Officer, Ladder7 Wealth Planners, Mr. Misbah Baxamusa, Chief Executive Officer, NJ Wealth and Ms. Lakshmi Iyer, CEO-Investment & Strategy, Kotak Alternate Asset Managers, this session will address how the industry can evolve its practices to better serve investors and sustain growth in an increasingly complex financial landscape.
Investment Flows – Boon or Bane?
Investment flows into mutual funds have been experiencing unprecedented levels, raising questions about market valuations and the sustainability of the current bull run. The summit will delve into whether these high inflows are setting untenable expectations or if they reflect a new reality in investing.
The discussion will also touch on the broader economic and political impacts, such as those anticipated under "Modi 3.0," and their potential effects on the mutual fund sector.
Mr. Rajeev Thakkar, Chief Investment Officer, PPFAS Mutual Fund, Ms. Roshi Jain, Senior Fund Manager, HDFC Asset Management, Mr. Dinesh Balachandran, Fund Manager, SBI MF, Mr. Ashish Gupta, Chief Investment Officer, AXIS Mutual Fund and Mr. Sanjay Chawla, Chief Investment Officer, Baroda BNP Paribas Mutual Fund will be part of this engaging panel to discuss the implications of massive investment flows into and out of mutual funds and provide insights into how investment flows can be managed to benefit both investors and the industry, avoiding the pitfalls of overvaluation and speculative bubbles.
The summit will also feature a special discussion with Indian Chess Grandmaster – Mr. Vishwanathan Anand, and fireside chat with Mr. Akhil Chaturvedi, Chief Business Officer, Motilal Oswal AMC.
Awards Ceremony
A special feature of the summit is the Mutual Funds Distributors Awards, recognising top performers who have made significant contributions to expanding the reach and impact of mutual funds across various demographics in India.
Live Access
For those unable to attend in person, the summit will be available to watch live ensuring that no one misses out on the valuable insights and discussions that will shape the future of mutual funds in India.
Tune in on August 21, 2024, from 4:00 PM onwards at Moneycontrol Mutual Funds Summit 2024.
Whether you're a seasoned investor or new to the world of mutual funds, the Moneycontrol Mutual Funds Summit 2024 offers something of value for everyone.
Join us to be part of the conversation that moves towards a more inclusive and robust financial future for all of Bharat.
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