Archive · 24 Aug 2025
Startup Founder Criticizes Mutual Fund Policy for College Students
A startup founder named Akshat Shrivastava thinks it's a bad idea for college students to start selling mutual funds.
He believes that it's not a good use of time and that India should focus on training people in useful trades like electricians and plumbers.
Some people agree with him, saying that practical skills are important, while others think that it's also important for students to learn about money.
One person said that selling mutual funds can teach skills in sales and marketing, even if they also stressed the importance of technological innovation.
Wisdom Hatch's founder, Akshat Shrivastava, criticized the policy allowing college students to distribute mutual funds.
Shrivastava argued that the policy is a "colossal waste of time."
He believes India should focus on developing a skilled trades workforce instead.
Other social media users debated the value of vocational training versus financial services exposure.
Some defended the initiative, highlighting the skills gained from selling mutual funds.
- Who
- Akshat Shrivastava, other social media users, and Harsh Kumar.
- What
- A debate arose over a policy allowing college students to distribute mutual funds.
- When
- On August 22, 2025, the topic was brought up.
- Where
- India
- Why
- Because a new policy allows college students to sell mutual funds, sparking debate on financial education vs. vocational skills.
Criticism of the Policy
Support for the Policy
Skills Development
Criticism of the Policy
Selling mutual funds adds no new skills to college students.
Support for the Policy
Selling mutual funds can teach sales, marketing, and persuasion skills.
Vocational vs. Financial Training
Criticism of the Policy
The focus should be on trades.
Support for the Policy
India needs both skilled workers and financial literacy.
- Founder's Name
- Akshat Shrivastava
- Company
- Wisdom Hatch
- Main Argument
- Policy is a "colossal waste of time."
- Proposed Alternative
- Focus on skilled trades workforce.