Mumbai : Birla Institute of Management Technology (BIMTECH), proudly hosted Mr. Swarup Mohanty, Vice Chairman and CEO, Mirae Asset Investment Managers (India) Pvt. Ltd. for an engaging session at the campus. The interactive discussion featured insights on the future of India’s asset management sector, leadership challenges, and valuable guidance for the next generation of professionals.
Mr. Mohanty highlighted how the COVID-19 pandemic accelerated financial awareness in the country, with mutual fund investors surging from 0.3 crore before the pandemic to nearly 6 crore today. According to him, India’s digital-savvy youth and the convenience of online platforms have made investing more accessible than ever before. This momentum, he believes, will make India one of the largest markets for mutual fund investors globally in the coming decade.
Advising the students, Mr. Mohanty shared, “I made two mistakes that I regret. The first was not starting to invest early, and the second was not remaining invested. I thought I was smarter than the markets, but I soon realized that the markets are always smarter than you. In a country like India, which is set to double its economic growth in the next decade, investing in capital markets is one of the best ways to participate in the country’s growth.”
The session emphasized the importance of operating within legal frameworks and maintaining investor trust. It further stressed on the need for companies to stay within their fund management capabilities and avoid overextension, ensuring ethical practices and reliability in a dynamic market.
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