Mumbai, 29 th August 2022 : NSE Academy Limited (NAL), a wholly owned subsidiary of the National Stock
Exchange of India Limited (NSE) earlier this year had signed an Agreement with HDFC Asset Management
Company Limited (HDFC AMC), the investment manager to HDFC Mutual Fund to collaborate and launch
first-of-its-kind program namely ‘Invest-Verse: An Introduction to the World of Investing’.
The program shall be offered to college students across India. The program will help to reach the next
wave of first-time investors through a holistic 5-hour course, which will also be made available on HDFC
Mutual Fund’s MFBytes application. The programs will be delivered through online and application based
training and will be co-certified by both the institutions.
A formal launch of the program was held on 25 th August, 2022 at NSE, BKC, Bandra (Mumbai). The launch
program was attended by honorable chief guests Shri Ashish Kumar Chauhan, MD & CEO of NSE and Shri
Navneet Munot, MD & CEO of HDFC AMC who inaugurated and addressed the maiden batch of over 250
students from various reputed colleges of Mumbai. The ‘Invest-Verse: An Introduction to the World of
Investing’ course was simultaneously released on HDFC Mutual Fund’s MFBytes application
Speaking on the occasion, Mr. Navneet Munot, MD & CEO of HDFC AMC, said, “Financial literacy is critical
for achieving financial inclusion. We are aligned to Honorable Prime Minister’s focus on taking financial
literacy to the youth, especially those coming from non-finance background; educating and empowering
them to be earners and future investors. With Invest-Verse, we not only take a step towards fulfilling our
Prime Minister’s vision but also manifest our mission of being the wealth creator of every Indian.”
Speaking on the occasion, Mr. Abhilash Misra, Chief Executive Officer, NAL said “NSE Academy promotes
financial education and skill oriented financial market courses across the country for students as well as
professionals. Our collaboration with HDFC AMC will add to NSE Academy’s integral role in developing
competitive skillsets for students and shall bring about significant value addition to the higher education
space.”
About National Stock Exchange of India Limited (NSE):
National Stock Exchange of India Limited (NSE) is the world’s largest derivatives exchange by trading
volume (contracts) as per the statistics maintained by Futures Industry Association (FIA) for calendar year
- NSE is ranked 4th in the world in the cash equities by number of trades as per the statistics
maintained by the World Federation of Exchanges (WFE) for calendar year 2021. NSE was the first
exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is
ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares
every year since 1995, based on SEBI data. NSE has a fully integrated business model comprising exchange
listings, trading services, clearing and settlement services, indices,
market data feeds, technology solutions and financial education offerings. NSE also oversees compliance
by trading, clearing members and listed companies with the rules and regulations of SEBI and the
exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems
through a culture of innovation and investment in technology.
About NSE Academy Limited (NAL):
NSE Academy Limited (NAL) is a wholly-owned subsidiary of the National Stock Exchange of India Limited
(NSE). NAL enables the next generation of BFSI and FinTech professionals with industry-aligned skills –
through capacity building programs and certification courses, powered by an online examination and
certification system. The courses are well-researched and carefully crafted with inputs from the industry
professional. NAL works closely with reputed universities and institutions across India in building a competent
workforce for the future of BFSI and FinTech. NAL also promotes financial literacy as an essential life skill
among youngsters – a contribution towards financial inclusion and wellbeing.
About HDFC Asset Management Company Limited (HDFC AMC) and HDFC Mutual Fund:
HDFC Asset Management Company Limited (HDFC AMC) is an Investment Manager to HDFC Mutual Fund,
one of the largest mutual funds in the country. HDFC AMC is incorporated under the Companies Act, 1956, on
10th December 1999 and was approved to act as an Asset Management Company for HDFC Mutual Fund by
SEBI on 3rd July 2000. It has other SEBI licenses viz. PMS / AIF. HDFC AMC, as an investment manager to
schemes of HDFC Mutual Fund, manages diversified asset class mix across equity and fixed income/others. It
also has a countrywide network of branches along with a diversified distribution network comprising banks,
independent financial advisors, and national distributors.
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