India now has 40 million people who invest in mutual funds. If you’re not one of those, and want to err on the side of caution, you can choose funds that demonstrated a good run for over 20 years.
Mutual funds have gained immense
popularity in India in recent years with the changing demographics and
increasing life expectancy, retirement planning has become an important
aspect of personal finance.
Mutual funds are accessible to
investors with a range of investment goals and risk appetites. Mutual funds are
available in a variety of asset classes and investment strategies.
The principal role of the mutual fund is to serve its investors.
Astounding facts about the mutual fund in India
Indian Mutual Funds industry has undergone dramatic changes in the last sixty years to become one of the most talked about sectors in the world. Following are some of the most noteworthy facts about the Indian mutual funds' industry.
1.
India is now the world's
second-largest mutual fund industry, with over $400 billion in assets under
management.
2.
The Mutual Fund industry in
India is one of the fastest-growing markets in the world, with a CAGR growth of
17.5% over the past five years.
3.
More than 46 million households
have invested in Mutual Funds in India.
4.
Although there are more than 40
Fund houses, the top 10 Fund houses or AMCs (Asset Management Companies) manage
over 70% of the mutual fund assets in India.
Ongoing mutual fund NFO
With mutual fund investment in India, turn your
dreams into reality. A great way to build a corpus for a secure future - for
yourself and your family. Invest in Mutual funds today.
Current NFO
01 Dec 2023 TO 15 Dec 2023
05 Dec 2023 TO 19 Dec 2023
Your NFO link
Motilal Oswal Small Cap Fund Growth
24 Nov 2023
TO 08 Dec 2023
Your NFO link
Bajaj Finserv Balanced advantage Growth Fund
You'll be unstoppable in all aspects of
life. “Success requires both
urgency and patience. Be urgent about making the effort, and patient about
seeing the results.”
Ensure you have lots more left to spend
and have a good life. ๐๐๐
Helpful, Thanks ๐
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