Expert Predicts SWPs to be the Next Big Trend in India's Mutual Fund Industry

Systematic withdrawal plans (SWPs) are set to become the next big trend in India's mutual fund industry, according to Gurmeet Chadha, a market expert and Managing Partner & CIO at. SWPs offer flexibility and efficiency for investors and are preferred over SIPs and insurance bonus schemes. Chadha predicts that the SWP book will cross Rs 20,000 crore monthly over the next 3-5 years.

Kyndryl, the IT services provider spun out of IBM, has announced a significant $2.25 billion investment in India over the next three years. This substantial commitment is part of the company's strategy to expand its presence in the world's most populous country and capitalize on the growing demand for AI and IT services [1].

A key component of Kyndryl's investment plan is the establishment of an AI Innovation Lab in Bengaluru. This lab will be dedicated to advancing the company's AI-powered consulting services and will include data scientists, consultants, and professionals offering collaborative co-creation experiences. The lab aims to help businesses adopt and implement AI, software, and platform engineering solutions [1].

Kyndryl is also deepening its engagement with the Government of India on artificial intelligence initiatives. The company plans to sign a Memorandum of Understanding with the Ministry of Commerce & Industry on its Ease of Doing Business (EoDB) initiative. This collaboration aims to demonstrate how Kyndryl's AI platform, Kyndryl Bridge, and agentic AI capabilities can be applied to India's regulatory reform agenda [1].

A significant portion of Kyndryl's investment will be directed towards developing IT talent and supporting digital training for approximately 200,000 citizens. The company is committed to upskilling its workforce on AI, cybersecurity, and other next-generation technologies. Kyndryl plans to establish offices in Tier 2 and Tier 3 cities to unlock high-potential talent and strengthen regional innovation ecosystems. Additionally, the company will partner with graduate schools and research centers to create a new early career program in India [1].

Through its social impact initiatives and grants from the Kyndryl Foundation, the company aims to provide resources to help train 200,000 beneficiaries across India, equipping them with in-demand digital skills. Kyndryl is launching the Kyndryl Skilling program, which will expand access to advanced skilling courses, including DevSecOps, Cloud Operations, and Resilient Systems [1].

Kyndryl's investment in India comes at a time when the company is benefiting from higher demand for its offerings due to a push into AI. The company serves many of India's leading organizations across industries, including the international airport in Bengaluru, Canara Bank, and the National Stock Exchange of India [1].

As the world's largest IT infrastructure services provider, Kyndryl's commitment to India aligns with the country's digital public infrastructure goals and long-term economic health. The investment is expected to contribute significantly to India's AI workforce readiness, which already leads globally with 37% of business leaders confident in their teams' preparedness to adopt AI [1].

References:
[1] https://theoutpost.ai/news-story/kyndryl-to-invest-2-25-billion-in-india-focusing-on-ai-innovation-and-talent-development-19391/