Suresh Soni, CEO, DHFL Pramerica Asset Managers, talks about the ways of increasing awareness among retail investors.
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00:00 [MUSIC PLAYING]
00:03 So overall, the industry, as well as I would say,
00:14 I would like to congratulate the regulators as well in terms
00:17 of the historic steps they took about four years back in order
00:20 to increase the retail participation,
00:23 both in terms of giving the B-15 incentive,
00:26 as well as setting aside some amount of money
00:28 for investor awareness program.
00:31 Over the last four years, the industry
00:32 has doubled in terms of AUM.
00:35 And this has also come in by an increased participation
00:39 of investors across the country.
00:42 And to that extent, I think a lot of efforts
00:46 that have been taken by regulators,
00:48 as well as industry, in terms of spreading
00:50 the message of mutual fund has helped.
00:53 Publication like yourself have again helped.
00:55 I think overall, the media has led
00:56 to an increased awareness for mutual fund as well.
01:00 And I think that creates the right ecosystem for people
01:03 to know about it, as well as to become aware about the media.
01:07 [MUSIC PLAYING]
01:10 (upbeat music)