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.
To read the entire article, you must be a DSIJ magazine subscriber.
Current print subscribers click here to login
Subscribe NOW to get DSIJ All Access!