Stories
India's Financial Distributors Expand Beyond Mutual Funds Into PMS, AIFs and Insurance
- •India's financial distributors are moving beyond mutual funds to explore high-growth sectors like Portfolio Management Services, Alternative Investment Funds, insurance, and fintech.
- •Market scale is significant, with the PMS industry managing Rs 43.3 lakh crore and AIFs raising commitments of Rs 17.53 lakh crore by June 2026.
- •The Indian insurance sector collected total premiums of Rs 11.93 lakh crore in FY25, while the country hosted over 10,000 fintech entities as of July 2024.
- •Moneycontrol FiDEX 2026, taking place on November 25-26 in Mumbai, aims to unite industry stakeholders for product discovery, networking, and business growth.
Key Questions Answered
India's financial distributors are expanding into portfolio management services (PMS), alternative investment funds (AIFs), insurance, and fintech. As of June 2026, India's PMS industry managed assets worth Rs 43.3 lakh crore, while AIFs had raised commitments of Rs 17.53 lakh crore. Additionally, the insurance sector collected total premiums of Rs 11.93 lakh crore in FY25, and the country had 10,244 fintech entities by July 2024.
Moneycontrol FiDEX 2026 is scheduled for November 25–26, 2026. The second edition of the event will take place at Hall 6, NESCO (Bombay Exhibition Centre), Mumbai.
The event brings together mutual fund distributors (MFDs), registered investment advisers (RIAs), insurance advisors, PMS and AIF distributors, fintech platforms, asset management companies (AMCs), insurers, NBFCs, and other financial industry stakeholders under one roof.
