Mutual Funds
The Indian mutual fund industry had âđ39,42,031 crore in assets under management (AUM) as of March 31, 2023. With a more than 5-fold expansion in just ten years, the AUM of the Indian MF Industry increased from âđ7.01 lakh crore on March 31, 2013, to âđ39.42 lakh crore on March 31, 2023. The AUM-to-GDP ratio in India is about 14%, which is lower than the global norm of 75-80%.
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about 2 years ago