RISING CLOUT
Beyond Market|January 2023
MUTUAL FUNDS ARE WEALTH GENERATORS AND HAVE BEEN A BRIGHT SPOT IN THE INVESTMENT ARENA
RISING CLOUT

Even though the Indian mutual fund industry has been in existence for nearly 60 years, the growth that's been seen in the past decade and a half has been nothing short of spectacular.

Increasing investor awareness of mutual funds coupled with investor-friendly regulatory changes, financial inclusion and alpha generation from mutual fund schemes have led to increased investor participation in domestic mutual funds.

The Indian mutual fund industry has average assets of around ₹40 lakh crore as on January 23, as against ₹4.78 lakh crore in January '09. The equity assets rose sharply from ₹93,800 crore to nearly ₹15.5 lakh crore in the same time frame.

If we go 14 years back, then we see that one reform introduced by the Securities and Exchange Board of India (SEBI) changed the industry overnight. In August '09, the markets regulator banned entry load. Though initially the industry saw sluggish growth, that one announcement made MFs extremely investor-centric.

Since then many changes have been made on the regulatory front and even fund houses came forward and made significant changes to improve investors' participation in the Indian mutual fund industry. This article will throw light on a few important changes in the Indian asset management industry in the last 14 years.

GOING THE SIP WAY

Indian investors have always had a fondness for savings, be it bank fixed deposits (FDs), real estate, gold or traditional insurance plans.

Systematic Investment Plans (SIPs) have, to some extent, encouraged investors to invest rather than rely only on their savings.

However, here we do not have data for the past 14 years, but five years' data is quite intriguing.

Esta historia es de la edición January 2023 de Beyond Market.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición January 2023 de Beyond Market.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE BEYOND MARKETVer todo
PRUDENT PRACTICES
Beyond Market

PRUDENT PRACTICES

Banks worldwide navigate a complex balancing act, steering economies toward growth while safeguarding financial stability through thoughtful management of interest rates and credit risks

time-read
6 minutos  |
August 2024
RETAIN ROULETTE
Beyond Market

RETAIN ROULETTE

Inexperienced investors spin the market wheel, chasing dizzying valuations and risking a bubble burst

time-read
5 minutos  |
August 2024
UNRAVELED THREADS
Beyond Market

UNRAVELED THREADS

Bangladesh's crisis disrupts global textiles, offering India a potential opportunity, but production constraints limit its gains

time-read
4 minutos  |
August 2024
PASSING THE BATON
Beyond Market

PASSING THE BATON

Succession planning helps ensure uninterrupted leadership

time-read
4 minutos  |
August 2024
RISKY BUSINESS?
Beyond Market

RISKY BUSINESS?

SEBI's efforts to protect retail investors from derivatives market risks could inadvertently dampen market volumes

time-read
5 minutos  |
August 2024
INFLATION-PROOF YOUR CHILD'S FUTURE
Beyond Market

INFLATION-PROOF YOUR CHILD'S FUTURE

Inflation might be stealing your child's future, but children's mutual funds can be their superhero

time-read
6 minutos  |
August 2024
EMBRACE UNCERTAINTY, SAYS MARKS
Beyond Market

EMBRACE UNCERTAINTY, SAYS MARKS

Howard Marks urges investors to embrace uncertainty, long-term thinking, and focus on controllables, shunning in his memo “The Folly of Certainty”

time-read
7 minutos  |
August 2024
IMPORTANT JARGON
Beyond Market

IMPORTANT JARGON

70% OF INDIVIDUAL INTRADAY TRADERS IN THE EQUITY CASH SEGMENT MAKE LOSSES, FINDS SEBI STUDY

time-read
4 minutos  |
August 2024
AN ASCENT T'O NEW HEIGHTS
Beyond Market

AN ASCENT T'O NEW HEIGHTS

The IMF predicts India's economy to reach 55 trillion by 2047, driven by various economic indicators showing positive growth and government initiatives

time-read
5 minutos  |
August 2024
CARRY TRADE CRASH: GLOBAL MARKETS REEL
Beyond Market

CARRY TRADE CRASH: GLOBAL MARKETS REEL

Japan’s Policy Shift Sends Shockwaves Through Global Markets, Including India, as Yen Carry Trade Disintegrates

time-read
4 minutos  |
August 2024