News From Press Why mutual fund expansion in India is so slow

Why mutual fund expansion in India is so slow

Source: The New Indian Express May 2, 2023

Numbers don’t lie. Mutual fund assets under management doubled to R40 lakh crore in five years. The investment vehicle received a considerable push through sustained industry efforts. Mutual fund companies are conducting aggressive investor awareness campaigns. Yet, the Association of Mutual Funds data in India reveals that one state continues to dominate the total assets under management.

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