145% growth in Northeastern India's mutual fund investments to Rs 40,324 crore by March 2024 reflects increasing retail investor interest and awareness in the region.
145% growth in Northeastern India's mutual fund investments from 2020 to March 2024, reaching Rs 40,324 crore, indicates rising retail investor interest and awareness in the region, according to ICRA Analytics. The share of Northeastern states in the total mutual fund industry asset under management (AAUM) rose to 0.73% in March 2024, up from 0.67% in March 2020 when the industry's AAUM was Rs 24.71 lakh crore.
May 13, 2024
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