Banking On MFs For Wealth Creation
Business Today India|September 15, 2024
Retail investors, on a journey of wealth creation, have taken to investing in mutual funds of all hues—equity, debt, and hybrid
RADHIKA GUPTA
Banking On MFs For Wealth Creation

MUTUAL FUNDS, OR MFs, have become ubiquitous vehicles of choice for investors across the economic spectrum looking to achieve their financial goals. In the past decade, and more so in the post-Covid period, retail investors have taken to MFs of all hues—equity, debt, and hybrid—in their journey towards wealth creation. As we analyse the phenomenal growth of the ₹61.16lakh crore industry in recent years, many interesting trends and facets emerge. They also indicate where the industry is headed in the coming decades.

Mutual funds are now steadily catching up with the fixed deposits of banks in terms of assets garnered. An expanding systematic investment plan (SIP) book that is effectively helping domestic institutional investors (DIIs) in cushioning against foreign institutional investor (FII) selling, rapid growth in assets from smaller cities, and a rising share of assets under management (AUM) outside the Top 10 players are key trends.

The one key aspect that the industry may have to work on is to improve upon the relatively short holding period of retail investors in equity funds. Here are key factors propelling the MF industry and the opportunities that lie ahead:

Denne historien er fra September 15, 2024-utgaven av Business Today India.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra September 15, 2024-utgaven av Business Today India.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BUSINESS TODAY INDIASe alt
"IF ANYONE WANTS TO INVEST, COME TO HYDERABAD"
Business Today India

"IF ANYONE WANTS TO INVEST, COME TO HYDERABAD"

Telangana CM Revanth Reddy's global ambitions, AI, green energy, and how Hyderabad is positioning itself as a premier business and innovation hub

time-read
2 mins  |
February 16, 2025
Where Food Meets Magic
Business Today India

Where Food Meets Magic

THE FOOD AT THE ROCA BROTHERS' RESTAURANT IN GIRONA TRANSCENDS THE ORDINARY TO BECOME PURE MAGIC

time-read
4 mins  |
February 16, 2025
"INDIA SHOULD CONSIDER LAND POOLING MODEL"
Business Today India

"INDIA SHOULD CONSIDER LAND POOLING MODEL"

Andhra Pradesh (AP) minister Nara Lokesh talks about what governments can learn from the state about overcoming the land availability challenge

time-read
1 min  |
February 16, 2025
Breaking Barriers: The Extraordinary Journey of Pulkit Prakash
Business Today India

Breaking Barriers: The Extraordinary Journey of Pulkit Prakash

In an era where success often seems predetermined by privilege, Pulkit Prakash's journey from modest beginnings to legal eminence challenges conventional narratives. His remarkable transformation into the founding partner of Niti Bodh, a prestigious law firm, demonstrates how unwavering determination can reshape destinies.

time-read
2 mins  |
February 16, 2025
"Keep the company's imperatives in mind first"
Business Today India

"Keep the company's imperatives in mind first"

Westlife Foodworld Limited is a fast food restaurant holding company

time-read
1 min  |
February 16, 2025
Beyond the Scalpel: How Dr. Unmesh Takalkar Revolutionized Healthcare in Central Maharashtra
Business Today India

Beyond the Scalpel: How Dr. Unmesh Takalkar Revolutionized Healthcare in Central Maharashtra

In an era where medical excellence often leads to overseas opportunities, one doctor chose a different path - transforming his homeland's healthcare landscape instead of seeking personal fortune abroad. Dr. Unmesh Vidyadhar Takalkar's journey from a bright medical student to a pioneering healthcare visionary in Marathwada stands as a testament to the power of purpose-driven leadership.

time-read
2 mins  |
February 16, 2025
"Fils WILL MAKE A COMEBACK, MAYBE THIS YEAR"
Business Today India

"Fils WILL MAKE A COMEBACK, MAYBE THIS YEAR"

Veteran investor Madhusudan Kela, Founder of MK Ventures, on Union Budget 2025-26, the future trajectory of the market, the Indian economy and more

time-read
7 mins  |
February 16, 2025
"TAX CUT TO PUT MONEY INTO PEOPLES' HANDS"
Business Today India

"TAX CUT TO PUT MONEY INTO PEOPLES' HANDS"

Tuhin Kanta Pandey, Finance and Revenue Secretary, and Arunish Chawla, Secretary of DIPAM, explain the macro philosophy of the Budget

time-read
2 mins  |
February 16, 2025
A BONANZA FOR THE MIDDLE CLASS
Business Today India

A BONANZA FOR THE MIDDLE CLASS

THE GOVERNMENT INCREASED THE TAX EXEMPTION LIMIT TO 12 LAKH AND REVISED RATES LOWER UNDER THE NEW TAX REGIME IN THE BUDGET FOR FY26. WITH A NEW INCOME TAX BILL ON THE WAY, WHAT DO THE MEASURES MEAN FOR TAXPAYERS?

time-read
6 mins  |
February 16, 2025
Expect Private Investment Cycle To Pick Up
Business Today India

Expect Private Investment Cycle To Pick Up

The government's budgetary strategy focusses on modification and moderation, a fine balance between the long term and the short term

time-read
3 mins  |
February 16, 2025