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.
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Investors are shifting from traditional asset classes to financial asset class. Image source: Pixabay