Globalwits

Wednesday, 6 December 2023

THE GOLDEN ERA IN MUTUAL FUNDS IN INDIA

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.

If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.

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

AXIS India Manufacturing Fund - Regular (G)

 Motilal Oswal Small Cap Fund - Regular (G)

05 Dec 2023 TO 19 Dec 2023

Your NFO link

Motilal Oswal Small Cap Fund Growth

 Bajaj Finserv Balanced Advantage Fund - Regular (G)

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. ๐Ÿ˜€๐Ÿ˜€๐Ÿ˜€







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