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  • News From Press Mutual funds come of age with growing AUM

    Mutual funds come of age with growing AUM

    Source: Mint May 3, 2023

    They are coming from more parts of India; they are embracing periodic investing; they are investing more in equities; And, they are staying invested for long. These are some fundamental changes in retail investors’ approach to investing in mutual funds. These changes have significantly helped the mutual fund industry double its assets under management (AUM) to ₹40 trillion in about five years and to graduate to new levels of maturity.

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