The Indian Mutual Fund industry has gained immense experience and continues to reinvent itself gradually, exhibiting steady growth over the last decade. A compound annual growth rate of 28% has been recorded by assets under management over the period 2006-10.However, with the drop in sales and huge redemption pressures the total assets under management stand at Rs.6,64,792 crores as of March 2012 reflecting a 5% decrease from previous year of Rs. 7,00,810 crores. Not withstanding the recent growth challenges, Mutual funds continue to be the most low cost investment product for households to participate in the long-term growth prospects for our economy.
As the industry sensitizes itself to the changing regulatory landscape, business strategies are gearing to respond to these developments. Amidst this changing business and regulatory environment, Asset Management Companies and all service providers, including distributors, have to re-examine their business models and embrace the changing business landscapes with an open mind.
Therefore, in order to discuss these aspects further with the objective of spreading better understanding of the Mutual Fund Industry as an appropriate investment avenue for wealth creation and to discuss best investment practices and investors’ protection, ASSOCHAM is organizing the 13th Mutual Fund Summit at 9.30 a.m. on December 12, 2012 at Hotel Le-Meridien, New Delhi.
The Summit would provide an ideal forum for expert discussion, information sharing and an excellent platform for business networking. We expect a large participation by all stakeholders - institutional investors, fund managers, consultants, brokers, regulators, custodians, lawyers, banks, financial planners and retail investors. We have invited speakers from Ministry of Corporate Affairs, SEBI, RBI, Stock Exchanges, Mutual Fund Houses, Indian & Multinational Banks, Industry players, Legal firms, Accounting & Advisory Firms, Tax Experts, Research Organizations, Economist & Academicians to make this Summit fruitful.
In view of the importance of the subject, we would request you to kindly attend this important Summit and also nominate your colleagues to attend the same. We would also request your organization to be the PARTNER / SPONSOR of the Summit.
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