Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Friday urged the mutual fund industry to prioritise investor outcomes at the centre of its next phase of growth as rising assets, expanding participation and rapid technological adoption increase the sector's scale and complexity, according to news agency IANS. 

Investor outcome to define mutual fund industry

Pandey while noting that mutual funds have played a significant role in transforming India's capital markets and expanding participation among retail investors, said the industry's success should not be measured merely by the growth in AUM or the number of schemes launched.