India’s mutual funds industry is pretty crowded for a country where the nascent equity culture is only just spreading beyond its metropolitan bailiwicks. There are more than 40 players. Industry experts had anticipated that the biggest in business would acquire smaller, better-performing money managers in the course of an inevitable consolidation. But that may well be unlikely.
Total expense ratio (TER) is inversely proportional to fund size. There is no distinct advantage now for big p ..