Though India’s market capitalization has fallen by nearly 8% from the peak, the equity value of the domestic mutual funds or the assets under management (AUM) hit a record Rs 20 lakh crore in March following sustained inflow, according to the NSDL data. This includes equity funds, arbitrage funds, equity exposure in balance funds and exchange traded funds (ETFs).
India: Life market expected to grow by 15% in next 3-5 years
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