SECP conducts mutual fund focus group session

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) wrapped up the first day of its Mutual Fund Focus Group Sessions 2025 at a local hotel in Karachi.

The closed-door session brought together a diverse range of stakeholders from across Pakistan’s capital markets for in-depth discussions on critical issues shaping the mutual fund industry. The event, structured into four thematic segments, facilitated expert-led deliberations on mutual fund reforms, product innovation, digital transformation, investor inclusion, governance frameworks and market development, addressing both domestic challenges and global best practices.

During his opening remarks, SECP Chairperson Akif Saeed underscored the strategic importance of mutual funds in broadening access to formal investment opportunities, particularly for retail investors.

He stated, “Mutual funds have the potential to democratise investing by offering professionally managed, transparent, and regulated options to a wider investor base. The SECP remains fully committed to strengthening the mutual fund ecosystem by fostering innovation, simplifying accessibility and enhancing regulatory oversight to ensure long-term and inclusive growth.”

The sessions featured discussions on emerging global trends, including the rise of ESG-focused, thematic and infrastructure-linked funds, as well as the expanding market for Sharia-compliant investment products.

A key focus was also placed on women’s financial inclusion, with participants exploring how mutual funds can serve as an effective tool to enhance female participation in the economy. The latter half of the event centred on digital transformation and governance, with stakeholders examining the role of technologies such as Systematic Investment Plans (SIPs) and Centralised Gateway Portals (CGPs) in improving investor onboarding and operational efficiency.

The discussions also emphasised the need for strong governance frameworks, transparent disclosure practices and risk management protocols to bolster investor confidence and safeguard market integrity.

In his closing address, SECP Commissioner Abdul Rehman Warraich highlighted the significance of stakeholder input in shaping future regulatory policies. “We are grateful for the candid and constructive engagement from our industry partners. The insights gathered today will play a crucial role in informing our upcoming reforms. A transparent, well-regulated, and inclusive mutual fund industry is vital for deepening Pakistan’s capital markets and advancing financial inclusion,” he remarked.