MF sector's next growth phase will be powered by digital solutions : N K Prasad, President & Chief Executive Officer, Computer Age Management Services
Updated on: 22 Dec 2015
Views: 170 2015 has been a good year for India's mutual fund sector, reaching an asset size of Rs 13 trillion and seeing a strong return of retail (small) investors.N K Prasad, president and chief executive officer at Computer Age Management Services (CAMS), a prominent transfer agency in the sector, talks about this and his entity's outlook toChandan Kishore Kant. Edited excerpts:
How has 2015 been for MFs?
The sector experienced continued growth, with significant inflow from existing and new investors.
Assets under management (AUM) touched an all-time high of Rs 13 lakh crore. Growing investor interest is evident in the form of growth in active accounts and increased systematic investment registrations.
What have you done on the rising opportunity for providing a smooth experience for investors and distributors?