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Mutual Funds eye INR 100 Trillion AUM opportunity, 10 crore investors

Mutual Funds eye INR 100 Trillion AUM opportunity, 10 crore investors

Aug 27, 2019, at 05:11 pm

Mumbai, Aug 27 (IBNS):  The Indian Mutual Funds industry is eyeing four-fold rise in Assets Under Management (AUMs) to INR 100 Trillion (INR 100 lakh crore from existing INR 25 Lakh crore), and a five-fold rise in investor base to 100 million (from existing 20 million) over the next decade, according to the AMFI-BCG Vision Document, aspiring to achieve huge geographic penetration in B30 cities, where nearly 90% of Indian households reside.