Upbeat Times for the Industry
Earlier in July, the article titled ‘Calm despite the storm’, had captured how equity mutual fund investors in India surprised observers with a significant upsurge in transactions, even as the rest of the world was reeling from the Brexit impact. Recently, investments worth Rs. 11,600 Crore was seen flowing into equity markets from Mutual Funds, for the first time in the last few years. Apparently, Indian Mutual Fund industry is going through a constructive phase of growth now. Industry experts expect the trend to continue, backed up by PMI data (as of August 2016) pertaining to growth in performances of the Manufacturing and Service Sectors.
Cafemutual Confluence 2016 (CC16)
In such settings, this week witnessed Cafemutual successfully rolling out the fifth edition of its flagship event, Cafemutual Confluence 2016 (CC16), at The Lalit, Andheri East, Mumbai. The one-day event themed “Today’s Vision: Tomorrow’s Reality”, held on September 20, 2016, was attended by the crème de la crème of the Indian Mutual Fund industry.
Cafemutual had arranged for an impressive array of more than 25 speakers, comprising of industry veterans, pioneers and thought-leaders, who articulated their views on an assortment of subjects ranging from the future of the Indian Mutual fund industry to the implications of the recently instituted GST on industry proceedings.
Leading CEOs Brainstorm on Factors that will Catalyze Industry Growth
Computer Age Management Services (CAMS), was invited to participate in the prestigious event, in acknowledgement of the organization’s significant contribution to the growth of the Indian Mutual Fund industry.
Mr. N. K. Prasad, President and CEO, CAMS, was one of the esteemed contributors to a high energy CEO panel discussion titled ‘How do we shape the future?’, as staged at the event. Co -panelists who were part of the discussion included –
Mr. Abizer Diwanji, Partner & National Leader-Financial Services, EY
Ms. Anuradha Rao, MD & CEO, SBI MF
Mr. Ashutosh Bishnoi, MD & CEO, Mahindra MF
Mr. Swarup Mohanty, CEO, Mirae Asset MF
Mr. Vikaas Sachdeva, CEO, Edelweiss Mutual Fund
The Distinguished Guest List
Other eminent guests from the industry who marked their presence at the event included-
Mr. John Praveen, Managing Director and Chief Investment Strategist, Prudential International Investments Advisers, USA
Mr. Karan Datta, Chief Business Officer, Axis MF
Mr. Sandeep Walunj, CMO, Reliance Nippon Life AMC
Mr. Amit Tripathi, CIO-Debt, Reliance Nippon Life AMC
Mr. Anoop Bhaskar, Head-Equities, IDFC MF
Mr. Navneet Munot, ED & CIO, SBI MF
Mr. Prashant Jain, ED & CIO, HDFC MF
Mr. S Naren, ED & CIO, ICICI Prudential MF
Mr. Sourabh Mishra, Former Group Chief Strategy Officer & Whole Time Director, Bates CHI & Partners India
Mr. Divyesh Lapsiwala, Tax Partner, EY India
Mr. Satheesh Krishnamurthy, SVP & Head – Affluent Business (Wealth Management & Private Banking) Axis Bank
Ms. Molly Kapoor, Head – Marketing, Birla Sun Life MF
Mr. Karl Gomes, Chief Fanatic at Fanatics
Mr. R. Jagannathan, Noted journalist & Editorial Director, Swarajya
Mr. Raj Raghunathan, Professor, University of Texas, Austin
Mr. Nikunj Dalmia, Senior Stocks Editor, ET Now
Mr. Prem Khatri, Founder & CEO, Cafemutual
The Way Ahead
The event saw a vibrant exchange of thoughts on various opportunities, challenges and trends to be expected in the coming days, ending on a high note of informed optimism that heralded exciting days for the Mutual fund industry.
About CAMSComputer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 16 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading Insurance Companies, Banks, NBFCs and Alternate Investment Funds. To know more visit http://www.camsonline.com