Speaking at Moneycontrol’s Mutual Fund Summit in Mumbai on October 11, Ananth Narayan G, whole-time Member, Securities and Exchange Board of India (SEBI) congratulated the mutual fund (MF) industry for the progress made, a phenomenal growth in assets under management (AUM) and the number of unique investors being among the many achievements. At the same time, he stressed that the road ahead is long and there are many opportunities and threats that the industry has to tackle.
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