MF Assets have grown from USD 92 billion in Q1 2008 to USD 317 billion in Q1 2019, a CAGR of 17% in 10 years outperforming World (10 year CAGR 8%), US(10 year CAGR 8%), Europe (10 year CAGR 7%), Asia ex India (10 year CAGR 10%).
Insight: Financialization of Savings led to exponential growth in the mutual funds industry. Higher number of SIP registrations continue to be added. Also lack of alternate attractive options due to muted real estate industry have propelled mutual fund growth.
For more insights on Markets & Economy - Click here
To open a Demat account - Click here