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  • News From Press Mutual Fund industry largely under-penetrated in India, says Deepak Parekh

    Mutual Fund industry largely under-penetrated in India, says Deepak Parekh

    Source: ET Jun 30, 2022

    The Rs 37-trillion domestic mutual fund (MF) industry has seen a sharp surge in assets under management (AUM) over the past two years. But HDFC Asset Management Company (AMC) Chairman Deepak Parekh believes India’s MF industry remains significantly under-penetrated.

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