SIP wave hits record level, more to come : comparemela.com

India's mutual fund (MF) industry had barely any retail footprint when it completed 50 years in 2013.

MFs had Rs 7 trillion in assets under management (AUM) in March 2013, of which around Rs 5 trillion was in institution-focused debt funds.

By comparison, bank deposits in the country stood at Rs 67.5 trillion around the same time.

Related Keywords

India , Bihar , Misbah Baxamusa , Manish Kothari , Jimmy Patel , Dominic Xavier Rediff , Vishal Kapoor , Association Of Mutual Funds , Mutual Fund Sahi Hai , Mutual Funds , Gaurav Suri , Zerodha Coin , Google Search , Business News , Usiness News India , Ndia Business News , Ndian Economy News , Ndian Financial News ,