One effect of a sustained market rally is the movement of household savings into the stock market. Coupled with a well-directed “Mutual funds sahi hai” campaign, this meant strong retail inflows being funnelled into the market via mutual funds. And, as the assets under management (AUM) has swelled, meaning more revenues for asset management companies (AMCs), that in turn has meant investment attention for listed AMCs.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
Read More
