MF industry AUM to hit Rs 100 lakh crore by 2025: Mahindra AMC
Indian mutual fund industry's assets under management (AUM) are expected to touch Rs 100 lakh crore by 2025, due to lower penetration of the product among households, a top Mahindra AMC official said today. At present, the mutual fund industry has an asset base of Rs 23.5 lakh crore.
Investors are shifting from traditional asset classes to financial asset class. Image source: Pixabay