Bollywood News

SEBI is like the police in the final scene of a Bollywood movie, you are the main character: Ananth Narayan G

Ananth Narayan G, Whole-time Commissioner of Securities and Exchange Board of India (SEBI), praised the mutual fund industry for its rapid growth and accomplishments. He highlighted that the industry’s assets under management have increased significantly and the number of unique investors has also grown. Narayan also commended the industry for promoting financial inclusion within the securities market ecosystem. However, he noted that there is still a long way to go in terms of registration and expanding the reach of mutual funds. He emphasized the importance of maintaining investor confidence and urged stakeholders to educate investors about the concept of risk. Narayan also expressed concern about online financial influencers and the need to maintain trust. He ended his speech by reminding the industry not to become complacent and to be aware of both opportunities and threats in capital formation.