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Adoption of mutual funds will increase manyfold in ‘Bharat’
short by Vardan P / on Thursday, 28 March, 2024
Adoption of Mutual Funds will increase manyfold in “Bharat”, which is beyond Metros/Tier I cities. We have already seen that retail folios from B30 are almost 45% of the Industry and AUM contribution is now around 18-20%. Metros have large institutional clients, hence the AUM from metros will remain high says Semant Shukla, Chief Business Officer, JM Financial Asset Management.
read more at DSIJ.in