Association of Mutual Funds in India elects new Chairman and Vice Chairman
AHMEDABAD, 5th September: The Association of Mutual Funds in India (AMFI), the industry body representing all SEBI-registered Asset Management Companies (AMCs), today announced the election of its new Chairman and Vice Chairman.
Mr. Sundeep Sikka earlier served as Chairman of AMFI from 2013 to 2015 and has been on the AMFI Board since 2009. Mr. Vishal Kapoor has been serving as Chairman of the ARN Committee since 2020 and has been on the AMFI Board since 2018.
The newly leadership takes charge at a pivotal juncture for India’s mutual fund industry, which has crossed ₹75 lakh crore in assets under management (AUM) and serves over 5.6 crore investors nationwide. Together, they represent the vision of AMFI 2.0, focussed on deeper engagement with regulators and policy makers, investor protection, broader inclusion, and sustainable industry growth. Under their stewardship, AMFI aims to expand its outreach, deepen trust in mutual funds, and strengthen the foundation for the industry’s next phase of development.
Chairman’s statement:
“I am honoured to assume the role of Chairman of AMFI at a time when India’s mutual fund industry is playing a pivotal role in household savings to fuel economic growth and nation building. Our priority will be to expand the reach of mutual funds across geographies, strengthen investor channelizing confidence through transparency and trust, and work closely with SEBI and policymakers to advance financial inclusion. As an industry body, we aspire to make mutual funds not just a preferred investment option but a nationwide movement for long-term wealth creation. In doing so, we are committed to contributing meaningfully to the vision of a Viksit Bharat, by enabling every Indian to participate in and benefit from the country’s growth story. I look forward to building on AMFI’s strong legacy and driving the next phase of its strategic roadmap.
Vice Chairman’s Statement:
“It is a privilege to serve as Vice Chairman of AMFI and contribute to the industry’s transformative journey. In recent years, mutual funds have emerged as the preferred vehicle for disciplined savings and financial empowerment. Going forward, we will focus on simplifying access, enhancing investor awareness at the grassroots, and enabling first-time investors to confidently participate in India’s growth story. Strengthening and expanding the reach of distributors and advisors will be an important element in broadening investor participation across the country”
The new Chairman and Vice Chairman will take charge with immediate effect.
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
