News From Press MF industry can scale up further

MF industry can scale up further

Source: The Hindu BusinessLine Apr 3, 2023

The ‘explosive growth’ of assets under management (AUM) of mutual funds in India is a story told many times in the last few years. Generally, to support the story, growth in AUM is used as the statistic. The AUM grew from ₹8.26 trillion in January 2013 to ₹39.62 trillion in January 2023 — a 4.8-fold nominal increase.

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