The average Indian saver is no longer a stranger to D-Street. Why so? Well, for a start, the role of intermediaries in channelling household savings to the financial markets through mutual funds appears to be less dominant than it earlier was. The share of national and regional distributors as a distribution channel to open mutual fund investment accounts has more than halved to 17 per cent in FY20, from 38 per cent in FY13.
Nine big financial changes that you must watch out for in October
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