News From Press India's MF AUM to GDP ratio low, industry can grow exponentially: Parekh

India's MF AUM to GDP ratio low, industry can grow exponentially: Parekh

Noting that India's ratio of mutual fund asset under management (AUM) to GDP is just 15 per cent against the global average of 75 per cent, HDFC Asset Management Company Chairman Deepak S. Parekh on Tuesday said that the country's MF industry has the potential for exponential growth.

Source: ET Jul 22, 2021

Noting that India's ratio of mutual fund asset under management (AUM) to GDP is just 15 per cent against the global average of 75 per cent, HDFC Asset Management Company Chairman Deepak S. Parekh NSE -4.11 % on Tuesday said that the country's MF industry has the potential for exponential growth.

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