Can India truly become a $30 Trillion Economy by 2047? | Ft. Navneet Munot | HDFC AMC Ltd.

India has a vision to become a Viksit Bharat (Developed Nation) by 2047. This goal focuses on using the potential of India’s youth to drive the country’s growth and development. But can India really achieve this vision? And how will it affect the everyday lives and finances of common people?In this episode, we discuss these questions with Navneet Munot, MD & CEO of HDFC Asset Management Company.We discussed:-Can India Achieve the Goal of Viksit Bharat 2047?-How India Can Manage National Debt-Challenges in Reaching the Vision for 2047-The Dependency of 80 Crore People on SubsidiesTimestamps:0:00- Introduction01:07 - Can India Achieve the Goal of Viksit Bharat 204702:52 - Dealing with National Debt04:14 - India Budget 202505:33 - The China Plus One Strategy07:08 - Mutual Fund Growth in India09:12 - SIP Growth and Indian Population10:30 - Behavioral Quotient in Investing12:17 - Message for Investors: Don't Get Distracted by External Noise13:42 - Impact of Macroeconomics on the Mutual Fund Industry15:16 - Retail Strength Supporting the Market16:16 - Achieving ₹100 Lakh Crore AUM17:04 - Role of NFOs in the Mutual Fund Industry17:51 - Challenges in Achieving Vision 204718:55 - Behavioral Biases of Fund Managers20:08 - AI's Role in Job Disruptions23:35 - Working Population and Government Policies24:10 - High Import Tariffs by Donald Trump24:48 - Factors Leading to a $30 Trillion Economy26:12 - India vs Other Emerging Market Economies27:10 - Dependency of 80 Crore People on Subsidies29:46 - Final Message to Investors32:35 - Key TakeawaysDisclaimer: This content is provided for educational and informational purposes only. The views expressed by our guests reflect their personal opinions and experiences. Our intent is not to defame or cause harm to any individual, entity, brand, or product mentioned. We aim to offer insights that empower our audience to make well-informed decisions. Viewers should consider their unique circumstances and consult with qualified financial professionals when necessary before acting on any information presented in this video.Guest Social Media:LinkedIn: https://www.linkedin.com/in/navneet-m...To Know More, follow us on:YouTube: https://www.youtube.com/@PersonalFinanceTVofficialInstagram: https://www.instagram.com/personalfinancetv/LinkedIn: https://www.linkedin.com/company/personal-finance-tv/𝕏 (Twitter): https://x.com/PFTV_official