Archive · 22 Aug 2026
SEBI Chairman Says Patient Mutual Funds Encourage Indian Markets
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.
SEBI Chairman Tuhin Kanta Pandey said mutual funds have shown more patient behavior as anchor investors than FPIs.
Pandey called the stronger participation of Indian households in mutual funds encouraging.
He said the industry’s success should be judged by investor outcomes, not only assets under management.
Pandey urged fund houses to deepen participation among smaller-town, first-time and under-represented investors.
He called for stronger controls, accountable technology use and active trustee oversight to identify risks early.
- Who
- SEBI Chairman Tuhin Kanta Pandey and India’s mutual fund industry.
- What
- Pandey praised the patient behavior of mutual funds as anchor investors and urged the industry to prioritize investor outcomes, governance and broader participation.
- When
- At the AMFI Annual General Meeting; the date was not specified.
- Where
- The meeting’s location was not specified.
- Why
- To highlight the role of long-term domestic institutional capital and encourage stronger investor protection, governance and participation.
- 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.