If at all there is one industry that would celebrate 2017 as the best in two decades, it is the mutual fund industry. Sheer numbers tell the story.
Assets under management soared 38 per cent to Rs 22.7 lakh crore, from Rs 16.5 lakh crore a year earlier, when banks are struggling with decades low growth rates.
The growth from from Rs 5.87 lakh crores in March, 2012 to Rs 22.7 lakh crore is "about four- fold increase in a span of about 5 and half years!'' the Associ ..
