News From Press Mutual funds assets to touch Rs 100 trn in next 10 years: Mahindra AMC

Mutual funds assets to touch Rs 100 trn in next 10 years: Mahindra AMC

Source: Business Standard Jan 5, 2018

Indian mutual fund industry's assets under management (AUM) are expected to touch Rs 100 trillion in the next 10 years on account of strong participation from retail investors, a top Mahindra AMC official said on Thursday.

At present, the mutual fund industry has an asset base of Rs 22 trillion.

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