The mutual fund industry has undergone something of a revival -as Table 1 shows, the number of folios has increased after a long decline. Table 2 shows that assets under management (AUM) have continued to climb, at a faster growth rate. Much of the additional activity, as Table 3 shows, comes from equity-oriented mutual funds.
I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?
Read More