In the past decade, the mutual fund industry has experienced an astounding growth of over six times, surging from approximately Rs 8 lakh crore in 2013 to an impressive Rs 50.8 lakh crore by the end of 2023, as per data released by AMFI (Association of Mutual Funds in India).
As per Samir Arora, the fund house would look to focus only on active funds. This is against the trend of recent mutual fund house launches, which had focused on passive funds.
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