Equity mutual fund investments in India increased 5-fold to Rs 94,151 crore in Q2 2024, driven by a strong economy, supportive govt policies, and investor confidence.
Equity mutual fund investments in India jumped 5-fold in Q2 2024 to Rs 94,151 crore, driven by a strong economy, supportive govt fiscal policies, and investor confidence. Asset Under Management (AUM) increased 59% to Rs 27.68 lakh crore, with 13.3 crore investor folios, adding over 3 crore new investors. The long-term outlook remains positive with potential returns of 11-13%.
July 28, 2024
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