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SEBI Chairman Says Patient Mutual Funds Encourage Indian Markets

SEBI Chairman Says Patient Mutual Funds Encourage Indian Markets
Patient behavior by mutual funds compared to FPIs as anchor investors an encouraging sign: SEBI Chairman · financialexpress.com

SEBI Chairman Tuhin Kanta Pandey spoke about how mutual funds can help Indian markets.

He said mutual funds have been more patient investors than foreign portfolio investors in some anchor-investor situations.

He described this as a good sign for long-term investment by Indian institutions.

More Indian households are also investing in mutual funds.

Pandey said success should be measured by how investors do, not just by how much money funds manage.

He wants the industry to reach people in smaller towns and first-time investors.

He also asked fund companies to use technology and artificial intelligence responsibly.

Trustees and internal controls should help find problems and risks early.

Key facts

Speaker
SEBI Chairman Tuhin Kanta Pandey
Event
AMFI Annual General Meeting
Investor comparison
Mutual funds were described as relatively more patient anchor investors than FPIs.
Success measure
Investor outcomes, rather than assets under management alone.
Target investors
Smaller-town residents, first-time investors and under-represented segments.
Technology guidance
Artificial intelligence and other technology should be supported by sound governance, transparent claims and clear accountability.
Governance focus
AMCs should strengthen internal controls, while trustees should review processes and identify emerging risks early.

Sources

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