Nilesh Shah, MD of Kotak AMC, hopes to change the mindset of investors to gravitate towards mutual funds. He shared a story of a branch manager who invested in SIPs for his maid and driver and was able to redeem and use the returns to fund his daughter's wedding. Shah also highlighted the need to serve the 1.8 crore Indians who have cumulatively lost nearly INR 2 lakh crores in collective investments schemes.
