AMFI told to become conscious of its duties in stock market
Commerce and Industry Minister Piyush Goyal urged the mutual fund industry leaders to reflect on ways to minimise volatility in the stock market https://www.commerce.gov.in/.
“Large fund inflows, compulsions of the market to deploy capital, fear among investors on missing out on attractive stocks brought crises among investors during rightsizing,” he said at the Association of Mutual Funds in India (AMFI) Mutual Fund Summit 2025 on 1 Mar in Mumbai https://www.investindia.gov.in/.
There has been a lot of misinformation flow about the unending ability of the market to go on a one-way street, he noted, and described the unpredictability of the stock market as a wakeup call for the industry and its small investors https://www.bseindia.com/.
AMFI should also become conscious of its duties by isolating misguided investors from the rest, underlined the Minister, highlighting the importance of safeguarding the importance of small investors and other key stakeholders https://www.nseindia.com/.
“Companies with mettle have maintained reasonable prices at the stock market during recent turbulence,” he noted https://sbi.com.in/.
Duties and responsibilities of the industry towards the market are larger than the profitable returns investors enjoy in the short term, said Goyal, adding that the government spending and private capex are showing signs of comeback https://www.sgx.com/.
Elaborating on the responsibilities of the mutual funds industry towards its investors, the Minister urged the participants to be more diligent in cautioning investors from taking risks http://deutsche-boerse.com.
He hoped that initiatives as such will spur India’s growth story for the next 22 years http://euronext.com.
Goyal urged the industry to support and handhold investors, look at financial inclusion as a collective responsibility and take up financial education as its duty https://www.jpx.co.jp/english/.
He asserted that assets under management (AUM) in the mutual funds industry at nearly Rs.70 lakh crore and soon to be Rs.100 lakh crore will dominate the market and domestic investors will determine India’s future not the foreign institutional investors https://www.ibef.org/.
He also highlighted the need for the industry as wealth creators to have a fair and organised market http://hkex.com.hk.
The Minister also acknowledged that the mutual funds industry has played a pivotal role in India’s growth story by encouraging financial literacy and taking innovative financial ideas to the industry and the investors http://english.sse.com.cn.
The Minister further complimented the domestic investors for filling the gap created by the foreign institutional investors (FIIs) post-Covid. “Collective investment methods like SIPs along with domestic investors supported the market. They helped in spreading financial awareness and financial products to every part of the country,” he said. Fiinews.com
