News From Press Decoding the Soaring Tides: Mapping the currents of India’s mutual fund industry in 2024

Decoding the Soaring Tides: Mapping the currents of India’s mutual fund industry in 2024

Source: Financial Express Jan 30, 2024

As we step into a new year, the Indian mutual fund industry has set its sights on a monumental achievement – the coveted Rs 100 lakh crore AUM mark. The recent milestone of surpassing Rs 50 lakh crore in net assets under management (AUM) for the first time underscores the industry’s resilience and its pivotal role in fostering long-term wealth creation.

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