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Mutual Funds: Truly Democratising Wealth Creation

Ninad Ramdasi
/ Categories: DSIJ_Magazine_Web, MF - Editorial, DSIJMagazine_App, Mutual Fund, Editorial
Mutual Funds: Truly Democratising Wealth Creation

The Indian mutual fund industry is captivating retail investors like never before. In the last fiscal year alone, there has been an extraordinary surge in Assets Under Management (AUM), witnessing an impressive increase of Rs 14 lakh crore, pushing the total AUM to a record-breaking Rs 53.40 lakh crore at the end of March 2024. This remarkable growth of 35 per cent is reflecting both robust market performance and soaring investor confidence. 

 

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