Mumbai: Union Minister of Commerce & Industry Shri Piyush Goyal underscored the crucial role of the mutual funds industry in shaping India’s financial future at the Association of Mutual Funds in India (AMFI) Mutual Fund Summit 2025. Speaking as the Chief Guest, he emphasized the industry’s contributions to financial literacy, market stability, and wealth creation while urging stakeholders to prioritize investor protection and minimize market volatility.
Acknowledging the resilience of domestic investors, Shri Goyal praised their role in stabilizing markets, especially in the post-Covid era, when foreign institutional investors (FIIs) reduced their presence. He noted that Systematic Investment Plans (SIPs) and collective investment methods have significantly bolstered the financial ecosystem, ensuring deeper market penetration across India.
Shri Goyal stressed the need for the mutual funds industry to protect small investors and prevent misinformation regarding stock market trends. He highlighted concerns over excessive market optimism, which can create unrealistic expectations and lead to financial instability. Urging AMFI to take proactive measures, he called for increased vigilance in safeguarding investors from risky financial decisions.
He also pointed out that companies with strong fundamentals have maintained stable stock prices despite market fluctuations, reinforcing the importance of sound investment principles. He reiterated that the responsibilities of the mutual funds industry extend beyond short-term profits and encompass the broader duty of maintaining a fair, transparent, and organized financial market.
Discussing the future trajectory of India’s investment landscape, Shri Goyal emphasized that domestic investors, rather than FIIs, will play a defining role in the country’s economic growth. He noted that the industry’s Assets Under Management (AUM) have already reached nearly Rs 70 lakh crore and are expected to cross Rs 100 lakh crore in the near future, marking a significant shift in market dynamics.
Calling for greater financial inclusion, the Minister urged industry leaders to support investor education, strengthen risk awareness, and view financial literacy as a collective responsibility. He expressed confidence that such efforts would drive India’s economic expansion over the next two decades, ensuring sustainable and equitable growth for all stakeholders.
As government spending and private capital expenditure witness a resurgence, Shri Goyal affirmed that the mutual funds industry will continue to play a critical role in mobilizing domestic savings and channeling them into productive investments. With a strong emphasis on stability, transparency, and investor welfare, he concluded that the industry must align its growth strategies with India’s broader economic aspirations.