FinX Launches India’s First National Mutual Fund Olympiad in Partnership with HSBC Mutual Fund, Axis Mutual Fund and BFSI Sector Skill Council of India

Wednesday, October 29, 2025: FinX, a leading edtech platform in the Banking, Financial Services, and Insurance (BFSI) skilling ecosystem, has announced the launch of India’s first National Mutual Fund Olympiad (NMFO) 2025 — first large-scale platform dedicated to promoting financial literacy, investment awareness, and employability readiness among students.

The initiative is supported by HSBC Mutual Fund, Axis Mutual Fund, and the BFSI Sector Skill Council of India (BFSI SSC). It aims to reach more than 10,000 students across 500 colleges in over 20 states, including several premier institutions. Nearly 50% of participants are expected from Tier 2 and Tier 3 cities signaling the deepening spread of financial literacy beyond metros.

The National Mutual Fund Olympiad is a knowledge-driven competition designed to enhance financial literacy, promote awareness about mutual funds and asset management, and equip students with practical money management and investment skills.

Bridging India’s Financial Literacy and Employability Gap

Despite India’s mutual fund industry growing over 100X in the past 25 years, financial literacy remains limited — with only 27% of adults financially aware, as per OECD and RBI estimates. Simultaneously, the India Skills Report 2024 indicates that less than 45% of graduates are job-ready for BFSI & Emerging Technologies roles.

The Olympiad seeks to bridge this dual gap by integrating financial education, career readiness, and industry certification — helping students transition from classroom learning to capital market understanding.

Participants will be evaluated on their understanding of Mutual Funds, ETFs, PMS, AIFs, and SIFs, integrating conceptual learning with real-world application. The program also aims to benchmark financial knowledge, foster employability, and connect students with career pathways in the asset management industry. Participants will gain access to FinX Employment Exchange, certifications, internships, and career visibility with leading BFSI institutions.

Commenting on this development, Himanshu Vyapak, CEO of FinX, said: “The National Mutual Fund Olympiad is more than a competition — it’s a movement to make financial literacy mainstream. Our vision is to nurture a generation of financially aware, career-ready youth who can make informed money decisions and contribute to India’s economic growth. With the support of industry leaders like HSBC MF, Axis MF, and BFSI SSC, we are connecting classrooms to capital markets. By engaging 10,000+ students across India, we aim to build a pipeline of financially aware and career-ready youth for the BFSI sector.”

“The sheer growth of India’s capital markets demands a leap in financial literacy. An initiative like the National Mutual Fund Olympiad is critical because financial education is no longer a niche skill; it is the foundation of economic empowerment and employability for the next generation. By equipping students with practical knowledge of mutual funds and capital markets, we are not just teaching them to manage money but enabling them to become informed contributors to India’s financial future.” says Mr.Kailash Kulkarni, CEO – HSBC Mutual Fund HSBC MF

Gop Kumar Bhaskaran, MD & CEO Axis MF said “At Axis Mutual Fund, we believe that empowering young minds with financial knowledge is key to building a resilient and inclusive economy. The National Mutual Fund Olympiad is a pioneering initiative helping students from metros, Tier 2 and Tier 3 cities to develop the skills and confidence to make informed financial decisions. By supporting this initiative, we believe we are investing in a future where financial empowerment begins in the classroom and extends to the capital markets”

Mr. Soumya Ranjan, CEO – Chief Operating Officer at BFSI Sector Skill Council of India adds “As a part of BFSI Sector Skill Council of India’s commitment to the mission “Skill India” of Ministry of Skill Development and Entrepreneurship, BFSI SSC finds “National Mutual Fund Olympiad” powered by FinX, as a properly timed initiative identifying financially aware and skilled, young and job ready work force fueling India’s growing financial ecosystem.”