News From Press Christopher Wood says Indian MF industry assets may hit Rs 90 trillion by 2030

Christopher Wood says Indian MF industry assets may hit Rs 90 trillion by 2030

Source: Mint Feb 12, 2022

India’s mutual fund industry has the potential to have total assets under management (AUM) worth ₹90 trillion by the end of this decade, up from ₹38 trillion at present, Christopher Wood, global head of equity strategy at Jefferies said in a research note titled, Greed & Fear. According to the expert, this will be driven by systematic investment plans (SIPs).

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