Mumbai: Moneycontrol successfully hosted the 5th edition of the Moneycontrol Mutual Fund Summit on June 30, 2026, in Mumbai, bringing together India’s leading regulators, AMC CEOs, CIOs, and market strategists for a landmark evening of conversations on the future of India’s mutual fund industry. The summit examined what it will take for India’s mutual fund industry to move from its current scale to becoming a truly mass-market vehicle for wealth creation.
Held under the theme ‘From Innovation to Impact’, the summit opened with a keynote address by Manoj Kumar, Executive Director, SEBI, on the regulatory overhaul reshaping India’s asset management future. This was followed by a high-powered panel discussion on Indian capital markets and a series of high-impact fireside chats with leaders shaping India’s industrial and policy landscape. The event featured Navneet Munot, MD & CEO, HDFC Asset Management Co.; Sundeep Sikka, MD & CEO, Nippon Life India Asset Management; Sid Swaminathan, MD & CEO, JioBlackRock Mutual Fund; B. Gopkumar, MD & CEO, Axis AMC; Swarup Mohanty, Vice Chairman & CEO, Mirae Asset Investment Managers India; Vishal Kapoor, CEO, Bandhan AMC; Jatinder Pal Singh, CEO , ITI Mutual Fund; Rahul Singh, CIO-Equities, Tata Mutual Fund; Rishi Kohli, CIO, JioBlackRock Mutual Fund; Akhil Chaturvedi, Chief Business Officer, Motilal Oswal AMC; Trideep Bhattacharya, President & CIO-Equities, Edelweiss MF; Ramesh Mantri, CIO, WhiteOak Capital Mutual Fund; and Shridatta Bhandwaldar, CIO–Equities, Canara Robeco Mutual Fund, amongst others.
Speaking at the summit, Manoj Kumar, Executive Director, SEBI, said, “In a country of 150 crore people, the question we must ask ourselves is — can we take the mutual fund industry to 50 crore investors? The regulatory groundwork is in place. We have completely revamped regulations that stood for nearly three decades, opened up the framework for new entities to operate, and introduced enabling provisions for performance-based fee structures. But regulation alone cannot take this industry forward. Digital distribution, simplified schemes, and building investor trust beyond our top cities — that is where the next chapter of this industry will be written.”
Adding to this, Navneet Munot, MD & CEO, HDFC Asset Management Co., said, “The transformation of India from a nation of savers to a nation of investors is not only an economic or financial trend — it is a social and cultural trend. This is India’s 401k moment. The SIP book has grown from 3,000 crores in 2016 to 30,000 crores today, yet only 6% of India’s household balance sheets are in equity. The journey has just begun. Annual household savings in India will surpass the United States within this decade, and what SIP can do for Indian markets, Indian entrepreneurship, and India’s capital formation will be truly transformational.”
Sharing his perspective on product innovation and investor segmentation, Sid Swaminathan, MD & CEO, JioBlackRock Mutual Fund, said, “When you think about investors who are early in their journey, the story is completely different, you need to simplify, develop good habits, and get people into the discipline of investing through SIPs. But there is a growing segment of investors who have built wealth over the last five to seven years and are now looking for differentiated strategies to diversify their portfolios. Factor investing, thematic investing, and SIFs are not for everyone, but they are a complement to existing holdings for the more advanced investor. The industry needs to serve both segments well, and the key is positioning these products correctly through education.”
The 5th edition of the Moneycontrol Mutual Fund Summit was presented by HDFC Mutual Fund, co-presented by JioBlackRock Mutual Fund, and powered by Axis Mutual Fund. Tata Mutual Fund, Motilal Oswal, ITI Mutual Fund, Trust Mutual Fund and Edelweiss Mutual Fund were the Event Partners, and Reliance Industries Limited was the Associate Partner. The summit was streamed live on https://www.moneycontrol.com/msite/mutual-fund-summit-2026, taking these conversations to a wider audience of investors across the country, and reaffirmed Moneycontrol’s commitment to building a platform where the mutual fund industry’s most important conversations happen in the open.
-Based on Press Release
