News From Press Not many Mutual Fund investors are aware of this major tool that can protect them from losses: Survey

Not many Mutual Fund investors are aware of this major tool that can protect them from losses: Survey

Source: Financial Express Sep 27, 2023

India has seen unparalleled growth in the number of investors entering mutual funds in the last decade. According to AMFI data, the AUM of the Indian Mutual Fund Industry has grown sixfold from Rs 7.66 trillion as of August 31, 2013, to Rs 46.63 trillion as of August 31, 2023. The total folios as of 31st August 2023 stood at 15.42 crores.

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