Domestic investors will shape India’s future, not FIIs: Piyush Goyal. Goyal urged industry to safeguard small investors and minimise market volatility. assets under management (AUM) in the mutual funds industry at nearly Rs 70 lakh crore — and soon to be Rs 100 lakh crore. The minister complimented the domestic investors for filling the gap created by the FIIs post-Covid. He also added that government spending and private capex are showing signs of comeback. He hoped that such initiatives would spur India’s growth story for the next 22 years, he said. He was speaking at the Association of Mutual Funds in India (AMFI) Summit 2025 in Mumbai, India, on Saturday, March 1. The summit is being hosted by the Mutual Funds Association of India (MFAI) and is being co-hosted by the Indian Funds Association (IFA) Goyal is the Minister of Commerce and Industry for the Government of India. He is also the President of AGK Fire Inc. and the Editor-in-Chief of SocialNews.XYZ.
