Expect MF AUM to cross Rs 80 trillion by 2028: Amfi CEO N S Venkatesh

'Strong regulations are crucial for the orderly development of the market. Even a slip-up can break the trust of investors. We welcome the Sebi regulations'

The mutual fund (MF) industry is on its way to achieving assets of Rs 100 trillion by the end of this decade, provided the industry continues to put in efforts, says N S VENKATESH, chief executive officer, Association of Mutual Funds in India (Amfi). In conversation with Abhishek Kumar, Venkatesh brushes aside concerns of overregulation, saying strong regulation is crucial for the industry’s development. Edited excerpts:

MF growth subsided this year after an outstanding 2021. What changed this year?

Calendar 2022 has been a good year with the uptrend in systematic investment plan inflows being the highlight. The pace has indeed