News From Press Investors prefer equity-linked MFs to debt funds in region

Investors prefer equity-linked MFs to debt funds in region

Source: The Tribune Jun 15, 2018

Lack of awareness and shortage of wealth advisers are the reasons for stunted growth of debt-based mutual funds in the northern states as compared to Gujarat and Maharashtra.

The equity-linked mutual funds are preferred option in the northern region comprising Haryana, Punjab, Chandigarh, Himachal Pradesh and J&K, investment advisers and banking industry experts said.

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