Akhil Chaturvedi on how SIPs and lump sums are shaping India's investment landscape
«So, all of this on the back of a lot of optimism, great returns from the market, a lot of optimism from the investors who continue to come into the markets through essentially mutual funds and other platforms, I think it is still the tip of the iceberg,» says Akhil Chaturvedi, CBO & ED, MO AMC.
Congratulations, what a proud moment. You have managed to surpass that Rs 1 lakh crore mark when it comes to your AUMs. Tell me, given that one has seen a big move in the equity markets in the last decade, but we are still scratching the surface and the penetration levels still are not that deep. What is it that we could look at in terms of visibility for your AUMs in the next sayd four to five years or even ten years hence?
Akhil Chaturvedi: Thank you so much. Yes, it is indeed a big milestone we have crossed at a lakh crore. It has been quite a journey. I think over the last 10 years literally we were at Rs 2,000 crores. From there, crossing a lakh crores is almost 50 times growth. It is all credit to the way our economy is doing and the same is reflecting in the capital markets.
And over the last few years, obviously, we have seen a lot of retail participation through mutual funds, through insurance, EPFO participation.
So, all of this on the back of a lot of optimism, great returns from the market, a lot of optimism from the investors who continue to come into the markets through essentially mutual funds and other platforms, I think it is still the tip of the iceberg.
The journey to growth looks very-very promising
