Mutual Funds, Myths & Mindset: DP Singh’s Unfiltered Talk on Simple Hai!

There are interviews that you’ll watch and forget, and then there are episodes that stay with you. The latest episode of Simple Hai! featuring DP Singh, Deputy Managing Director of SBI Mutual Fund, is one of those rare moments where knowledge, experience, and emotion come together. Hosted by veteran finance journalist Vivek Law, this conversation peels back the layers of India’s mutual fund revolution and why DP Singh’s voice deserves your full attention.

From ₹5 Lakh to ₹10 Lakh Crore: A Journey Built on SIPs

DP Singh’s story isn’t just about numbers; it’s about belief and discipline. Under his leadership, SBI Mutual Fund’s Assets Under Management (AUM) jumped from ₹5 lakh crore to ₹10 lakh crore. The reason? India’s growing love for SIPs (Systematic Investment Plans).

He proudly shared how this homegrown model has now become a global reference, with Japanese investors pumping more money into Indian mutual funds than domestic investors in a recent month. That’s not just growth. That’s trust on a global scale.

Performance vs Returns: What Investors Often Miss

Many chase high returns. Singh urges you to look deeper. “Returns are easy to calculate, but true performance is about protecting capital, doing research, and staying patient,” he said.

In a world filled with short-term hype, Singh’s philosophy is clear: stay consistent, aim for moderate but steady gains, and avoid risky highs.

The Rise of Thematic Funds and IPO Mania

Yes, SBI Mutual Fund is actively exploring sector-focused funds, such as the Energy Opportunities Fund. But Singh is quick to remind investors: don’t jump into trends blindly.

“Not all IPOs are worth your money,” he warned. “Don’t invest just because something is new. The company should be good, and the valuation fair.”

His advice? Go for depth, not drama.

Young India is Leading the Charge

One of the most heartening aspects of the conversation was Singh’s insight into who is investing today. It’s not the uncles and aunties anymore, it’s the youth.

Young people from Tier 2 and Tier 3 cities are not only investing but also influencing their entire families. Singh even shared fintech data showing that large investor accounts now often belong to the parents or relatives of these young users.

Smartphones and easy-to-use apps have revolutionised the investing landscape, making it simpler than ever.

Time to Unlearn: Discipline Over Liquidity

Singh didn’t shy away from pointing out a hard truth. Mutual funds may have become too easily accessible.

“We sold too much liquidity,” he said, explaining how many now treat mutual funds like trading platforms, investing for just 3-6 months.

He called for a shift back to basics, think long term, plan with purpose, and remember that real wealth takes time.

Are Mutual Funds Killing Bank Deposits? Singh Debunks the Myth

There has been chatter that mutual funds are siphoning money from banks. Singh, a former banker himself, calmly cleared the air.

“Money doesn’t disappear. It just shifts,” he explained. Even when funds are transferred from fixed deposits to mutual funds, they remain within the banking system.

If mutual funds were truly harming banks, why would banks like SBI continue to distribute them?

Also Read: Aashish Somaiyaa’s Investment Gyaan You Can’t Afford to Miss: Simple Hai! Podcast Review

A Career Built on Dharma and Discipline

Singh never planned to join SBI Mutual Fund. He was deputed from SBI and initially resisted. But soon, he found deep purpose.

“Helping people build wealth felt noble,” he reflected. He didn’t just bring strategy, he brought heart.

From staying energetic through a simple lifestyle to building relationships across decades, Singh believes consistency in life, just like in compounding, always pays off.

A Message for India’s Youth: Think Big, Lead Bigger

Before signing off, Singh dropped a line that every young Indian should take to heart:

“Think big. Believe in yourself. Don’t hesitate to ask for help.”

He reminded young professionals that leadership isn’t about ego, it’s about pulling others up. “When you lead a team, you’re also responsible for their growth,” he said.

Why You Cannot Miss This Podcast, Only on The Simple Hai! Show.

Whether you’ve just started your first SIP or have been investing for years, this episode offers rare clarity. DP Singh brings decades of financial wisdom without jargon. The journey from resisting the mutual fund world to becoming one of its biggest champions is filled with lessons in humility, consistency, and purpose.

At a time when investing advice is either hyped or oversimplified, this conversation stands out as simple, yet deep and impactful.

Watch this episode. Then share it across your circle. You’ll thank us and DP Singh later.

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