Introduction à l identité numérique : définition, usages et ambitions lesnumeriques.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lesnumeriques.com Daily Mail and Mail on Sunday newspapers.
The domestic mutual funds industry has come a long way with current assets under management (AUM) topping Rs 30 trillion. However, global brokerage firm Jefferies believes it still has tremendous growth potential as it has barely scratched the surface when it comes to AUM growth. An analysis done by Jefferies shows India’s MF AUM as a percentage of GDP at 12 per cent is among the lowest and a fraction of global average of 63 per cent. Smaller emerging market peers, such as Brazil (ratio of 68 per cent) and South Africa (48 per cent), boast of better penetration. The brokerage estimates industry AUM to grow at a compound annual growth rate (CAGR) of 13 per cent between FY22 and FY 24. Equity AUM is expected to post a 15 per cent CAGR, with its share in the overall assets mix rising to 46 per cent by FY24, from about 42 per cent currently. India’s equity AUM to GDP is at 5 per cent, compared to global average of 34 per cent.
Read more about Changing investor preference alters pecking order of Equity MF categories on Business Standard. Last year, Sebi modified scheme characteristics of multi-cap schemes, wherein at least 25 per cent of the corpus had to be invested in large, mid, and small-cap stocks each
Read more about Tax parity with ULIPs tops Afmi s wish list ahead of Union Budget on Business Standard. Amfi has reiterated its long-standing demand of bringing parity in tax treatment between MFs and unit-linked insurance plans (ULIPs), both of which are investment products and invest in securities
Valneva: feu vert de l AGE à une cotation aux Etats-Unis abcbourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abcbourse.com Daily Mail and Mail on Sunday newspapers.