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Q4 Results Today: Tata Motors, BoB, ABB India, Union Bank of India, Cipla, BOI and others to post earnings on May 10

Mutual fund SIPs cross Rs 20,000 crore milestone, doubling in less than 2 years

Business News: India could be the third-largest economy in the next decade; MFs may be one of the major beneficiaries

India could be the third-largest economy in the next decade; MFs may be one of the major beneficiaries : Rashtra News India lives in its villages. The maxim was used by a certain lawyer in the 1920s. Nobody believed him. In the next 10 years, he had shed his foreign clothes, adopted Indian village attire,

Indian mutual fund industry likely to hit Rs 100 lakh crore by 2030: Axis Capital

Indias mutual fund industry has doubled its AUM in just four years to reach a landmark Rs 50 lakh crore in December 2023. Prior to this, the industry took five years to double its AUM from Rs 12 lakh crore to Rs 25 lakh crore.

mutual fund industry: ETMarkets Smart Talk: We see 4x-5x growth in mutual fund industry in next 10 years: Amar Deo Singh

Amar Deo Singh of Angel One says: "The investor base in the mutual fund industry has an enormous growth potential. Investors capitalize on market volatility and profit-taking. RBI is likely to cut rates in 1H 2024. SIP contributions have surpassed Rs 18000 cr. Retail is the new backbone for equity markets."