“External pressures have created urgency,” he said, adding that the government’s focus on domestic growth should fuel the next leg of expansion.
From the mutual fund industry, Sundeep Sikka, CEO of Nippon Life India AMC, said goal-based SIPs are on the rise, with India now home to 5.5 crore investors. Investors, he noted, are becoming more disciplined, staying invested through market volatility. “SEBI has aligned investors’ and distributors’ interests,” Sikka said.
Market veteran Ramesh Damani added a bullish note, saying “the best decade to invest in India is the next decade,” driven by technology and domestic demand.
Nimesh Shah of ICICI Prudential AMC stated that most investors have seen strong results through mutual funds, with gold-based SIPs remaining a key focus for large distributors.
