Indian mutual fund industry in 2042
It just goes to show the speed of growth. In this context, to my mind, putting a number would be a mistake, as we could be surprising ourselves when we eventually get there.
Over the last few years, the industry has been growing at a CAGR of nearly 16 per cent. At the same rate, arithmetic could take us to almost ₹1,200 trillion (around five times the current ₹36 trillion), while actual growth may be anywhere. Assuming that we see GDP growth at 6-7 per cent hereon, it would be fair to assume 12-15 per cent growth for the industry.
Evolution of investors' views about mutual funds
Diese Geschichte stammt aus der November 2022-Ausgabe von Mutual Fund Insight.
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Diese Geschichte stammt aus der November 2022-Ausgabe von Mutual Fund Insight.
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'Earlier, not many knew of mutual funds; now SIP is a verb'
The CMO also explains how 4G, fintechs have elevated mutual funds’ reach
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Interaction with Edelweiss’s senior VP and head of products and marketing
'More distributors will come to MFCentral, MF Utility'
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Parija explains how mutual funds have gained traction
Tomorrow, and tomorrow, and tomorrow...
There are a total of about 1.1 lakh crores of rupees invested in India’s mutual funds and the number of investors is now about 12 crore