Piyush Goyal-domestic investors will decide India's future!
Union Commerce and industry minister piyush goyal recently said that India's future will be decided by domestic investors, not foreign institutional investors (FIIs). He has urged the industry to protect the interests of small investors and reduce market volatility.
piyush goyal said that the assets under management of the mutual fund industry are around Rs 70 lakh crore and will soon reach Rs 100 lakh crore, which will dominate the market. During his address at the Association of Mutual Funds in india (AMFI) Summit 2025, Goyal said that the mutual fund industry has encouraged financial literacy and played an important role in India's growth story by bringing new financial ideas to the industry and investors.
The Union minister has praised domestic investors for filling the gap created by FIIs after Covid. piyush goyal said, "Domestic investors as well as investment methods like SIPs have supported the market. They have helped spread financial awareness and financial products to every part of the country. Large-scale flow of funds and fear of losing attractive stocks among investors brought crisis among investors during rightsizing.
Goyal said that a lot of misinformation has been released about the never-ending ability of the market to move in a one-way path. He described the uncertainty of the stock market as a wake-up call for the industry and its small investors. He stressed that AMFI should also be conscious of its duties by separating misguided investors from the rest. Even during the recent turmoil, courageous companies have maintained fair value in the stock market.
Goyal said, "The industry's duties and responsibilities towards the market are much more than the profitable returns that investors get in the short term. " He also said that there are signs of a return to government spending and private capital expenditure. Elaborating on the responsibilities of the mutual fund industry towards its investors, the minister urged participants to be more cautious in cautioning investors against risk-taking.
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