'Do things that you understand and that work for you'

I don't see why the mutual fund industry can't grow at a steady rate of 15-20 per cent on a compounded basis, especially as an increasing number of investors seek equity or wealth-creation solutions.

89% of rated assets in top-rated (5- & 4-star) long-term funds

Indian mutual fund industry in 2042

The other thing is that the colour of the industry will change. You'll see a wider spectrum of players, products, and asset classes.

Evolution of investors' views about mutual funds

Today, investors are more informed and have a better understanding of mutual funds. What the mutual fund platform can provide is a very fast and efficient way of investing. This is a big draw for investors.