Hoshang Noshirwan Sinor, Amfi’s newly appointed chief executive officer
India’s mutual fund (MF) industry is going through trying times. Learning to cope with the regulatory changes that threaten to make a dent in the industry’s earnings and at the
same time having to battle competition from the insurance industry, the Association of Mutual Funds of India (Amfi), the MF industry’s trading body, has tough tasks ahead—of balancing the needs and demands of its members as well as ensuring fair practices for the retail investor.
Matter of fact: New Amfi CEO says self-regulation doesn’t work in India, so regulators have a role to play. Abhijit Bhatlekar/Mint
Can Amfi retain its significance that seems to have diminished in recent years and make its voice heard both within and outside its community? Hoshang Noshirwan Sinor, Amfi’s newly appointed chief executive officer, talks about his plans for Amfi.