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Moneycontrol held its fifth Mutual Fund Summit in Delhi on 16 September 2026 under the theme “Powering Viksit Bharat Through Mutual Funds.” The event brought policymakers and investment-sector leaders together to discuss whether mutual funds can connect household savings with the capital India needs to grow. That was the summit’s framing—not evidence that mutual funds alone can deliver or guarantee development.
What the Delhi summit set out to discuss
Moneycontrol’s event announcement framed the summit around the role mutual funds might play in mobilising domestic savings and supporting India’s development ambitions. Its stated questions included how to:
- Bring more Indians into formal investing and extend participation beyond the largest cities.
- Use technology to make access simpler.
- Help investors navigate changing market cycles and asset classes.
- Strengthen trust, transparency and investor protection.
The event preview connected those themes to funding ambitions in infrastructure, manufacturing, innovation, entrepreneurship and future businesses. That is an account of the organiser’s rationale, not a measured finding about the summit’s economic impact.
Who took part
Moneycontrol’s 16 September event preview identified policymakers responsible for statistics and programme implementation, direct taxes, and public asset management:
#1 Best Overall
- Dr Saurabh Garg, IAS, Secretary, Ministry of Statistics and Programme Implementation.
- Sanjay Bahadur, Member, Central Board of Direct Taxes.
- Dr Arunish Chawla, Secretary, Department of Investment and Public Asset Management, Ministry of Finance.
The preview also named leaders from asset-management and investment organisations, including Navneet Munot of HDFC Asset Management Company; Nilesh Shah of Kotak Mahindra Asset Management Company; Radhika Gupta of Edelweiss Mutual Fund; Sid Swaminathan and Rishi Kohli of JioBlackRock Mutual Fund; Pratik Oswal of Motilal Oswal Asset Management Company; Anish Tawakley of DSP Mutual Fund; Deepak Shenoy of Capitalmind Mutual Fund; Sachee Trivedi of Trident Capital; Taher Badshah of Invesco Mutual Fund; Anup Maheshwari of 360 ONE Asset; Chandraprakash Padiyar of Tata Asset Management; Rajat Chandak of ICICI Prudential AMC; and Naveen Kulkarni of Axis AMC.
What the industry figures say—and what they do not
AMFI reported that India’s mutual fund industry had ₹87.08 lakh crore in assets under management (AUM) and 28.35 crore folios as of 31 August 2026. It also reported ₹32,297 crore in contributions through systematic investment plans (SIPs) during August 2026. These figures describe industry scale and activity; they are not outcomes of the summit.
AMFI’s figures show AUM rising about six-fold, from ₹15.63 trillion on 31 August 2016 to ₹87.08 trillion on 31 August 2026. AUM can rise or fall with both investor flows and market valuations, so growth does not represent contributions alone. Folios are account records, not a count of unique people or participating households.
For the underlying numbers, see AMFI’s industry data.
What the summit’s framing means for investors
The central question—whether mutual funds can become a stronger bridge between household savings and the capital India needs—remains a question, not a settled conclusion. The summit agenda put access, technology, market conditions and investor protection alongside the broader development theme. It did not, by itself, establish that a particular fund, asset class or investing strategy is suitable for an individual.
Moneycontrol named HDFC Mutual Fund as presenting sponsor and JioBlackRock Mutual Fund as co-presenting sponsor. Sponsorship identifies event support; it does not imply endorsement of a specific fund or establish an investment offer.
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