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AMFI to expand MF training to Chhattisgarh, Gujarat; targets 15 districts
BusinessLine 1 hr ago·27 Oct 2026, 2:17 pm
The Association of Mutual Funds in India (AMFI) is expanding its investor education drive to the states of Chhattisgarh and Gujarat. The initiative aims to cover 15 districts in these regions, continuing a broader effort to improve financial literacy among retail investors. This move follows a successful pilot program in Andhra Pradesh and Bihar, where over 19,500 students have already completed an investor awareness test.
This expansion is significant for the market as it addresses a key challenge in the mutual fund industry: the lack of financial awareness among the general public. By educating students and young investors, AMFI is building a more informed customer base for the long term. For investors, this means a potential shift towards more rational decision-making and better understanding of risk management in the future.
Moving forward, investors should watch for the rollout of the Tarun Yojana in Classes VIII and IX. This program is designed to introduce basic financial concepts to school students, which could eventually lead to a more financially savvy generation of investors in these states.
Excerpt from BusinessLine
The Association of Mutual Funds in India (AMFI) plans to expand its mutual fund training programme to Chhattisgarh, Gujarat and other States after more than 19,500 students in Andhra Pradesh and Bihar cleared the investor awareness test. In an interaction with businessline , Venkat Chalasani, Chief Executive, AMFI,…Read the original at BusinessLine
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