Mutual fund industry has potential to grow exponentially, says HDFC AMC Deepak Parekh
Speaking on the country s economic growth, Parekh said growth is likely to be strong in FY22 on the back of a favourable base effect, supportive fiscal and monetary policy, and a buoyant global environment HDFC AMC Chairman and veteran banker Deepak Parekh PTI
Updated Jul 17, 2021, 11:14 AM IST
HDFC AMC Chairman Deepak Parekh on Friday said India s mutual fund industry has the potential to grow exponentially as the country s MF penetration levels remain considerably low compared to large economies.
While speaking on the country s economic growth, Parekh said growth is likely to be strong in FY22 on the back of a favourable base effect, supportive fiscal and monetary policy, and a buoyant global environment.
MF industry has potential to grow exponentially: HDFC AMC Deepak Parekh
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MF industry has potential to grow exponentially, says Deepak Parekh
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