MF Chronicles by Vikaas M Sachdeva
How did an industry no one knew thirty years ago grow to nearly ₹80 lakh crore today?MF Chronicles traces this extraordinary transformation, exploring three decades of India’s mutual fund journey through candid conversations with the people who built it.The series moves…
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- Aug 11, 2026
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- Jul 14, 2026
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Vivek Reddy: How India’s First Mutual Funds Began | Kothari Pioneer AMC | MF Chronicles (opens the original)
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Let’s be the first mutual fund in India.” That simple ambition, born out of youthful energy and a belief in an opportunity no one had explored, would go on to shape India's private mutual fund industry. Vivek Reddy was at the helm of Kothari Pioneer when it launched India's first private-sector mutual fund. But being first was only the beginning. From building an open-ended fund and putting investors at the centre to creating a culture of innovation and eventually walking away from the business,
KN Sivasubramanian: One of India's Earliest Fund Managers | Kothari Pioneer | MF Chronicles (opens the original)
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"Great investing isn't about chasing markets. It's about questioning them." Before mutual funds became mainstream, there were a handful of people building the industry from scratch. KN Sivasubramanian was one of them. From joining Kothari Pioneer as a Research Analyst to becoming Chief Investment Officer at Franklin Templeton India, his journey mirrors the evolution of India's mutual fund industry itself. We get into: Why skepticism became his greatest investing advantage Building India's first
Sanjiv Shah & Rajan Mehta: Building India's ETF Story | Benchmark AMC | MF Chronicles (opens the original)
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"Nobody has to push passive. The data will talk for itself." Long before ETFs became mainstream, Sanjiv Shah and Rajan Mehta bet on an idea that very few believed in. They didn't just build India's first ETF - they helped lay the foundation for passive investing in the country. We get into: Why they believed it was nearly impossible to consistently beat the market The entrepreneurial journey behind launching India's first ETF How Nifty BeES, Gold BeES and Liquid BeES changed the industry Why pas
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