India's mutual fund investor base may reach 26 crore in 10 years: SEBI Chief
Mumbai, Oct. 15 -- India's mutual fund unique investor base could grow from 6.6 crore to 24-26 crore over the next decade, at an annual growth rate of 13-15 per cent, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said on Thursday.
Speaking to reporters on the sidelines of the Samwaad India Open Finance Summit 2026 in Mumbai, Pandey said the growth projection was based on a compound annual growth rate of around 14-15 per cent.
"If you apply a 14 to 15 percent compound growth rate, in 10 years their numbers will reach 24, 25, or 26 crore," Pandey said.
He said simplifying market access for both foreign portfolio investors (FPIs) and domestic investors was a basic responsibility of the regulator, rather than an...
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