Morningstar India, an investment research and management firm, on demonetisation and its impact on mutual fund industry.
As per the Morningstar report, investors largely stayed away from investing in mutual funds in 2009. Since the demonetisation, the quantum of flows has increased dramatically and seems to be the new normal. There has been a steady increase in SIP numbers and the re-emergence of retail investors, especially into equities.
The mutual fund industry ..
