Indian Mutual Fund Industry Set To Cross 50 Mn Unique Investors
The mutual fund industry in the country saw assets under management (AUM) surging to Rs 66.7 lakh crore in 2024 and is set to cross the 50-million unique investor base this year. The stupendous growth is expected due to sustained buoyancy in the equity market and a surge in new fund offerings (NFOs).
Mutual fund investor base to break 50 million barrier in September
Mutual Funds - Cafemutual is a complete guide on mutual fund business giving you all the mutual fund news, mutual fund analysis in India. At Cafemutual you will get mutual fund news with a focus on mutual fund advisors,
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Indian Mutual Fund Industry Set To Cross 50 Million Unique Investors
The systematic investment plans (SIPs) reached fresh highs as monthly contributions via SIPs hit Rs 23,547 crore in August, against Rs 23,332 crore in the previous month.
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Mutual fund industry to cross 50 million investor mark in September
The mutual fund (MF) investor base is poised to surpass the 50-million unique investor milestone in September, with net additions exceeding 10 million in just 12 months amid sustained buoyancy in the equity market and a rush of new fund offerings (NFOs).
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