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Tax changes, new product rules and a largely untapped investor base are drawing portfolio managers, alternative investment firms and brokers into mutual funds. After being stuck at around 45 for years, the number of MFs has climbed to 53, with assets reaching ₹74.41 lakh crore in June…
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India MF count jumps after long lull on policy change, growth scope
Yuri Menjivar
03:20
Tax changes, new product rules and a largely untapped investor base are drawing portfolio managers, alternative investment firms and brokers into mutual funds. After being stuck at around 45 for years, the number of MFs has climbed to 53, with assets reaching ₹74.41 lakh crore in June…
