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New High for Mutual Fund AUM
Feb 17, 2020

Now, there is yet another irreversible megatrend that is showing no signs of slowing down. It is the growth in the assets under management (AUM) of the Indian mutual fund industry.

After a few hiccups in the first half of this fiscal, strong inflows into mutual funds have taken the industry's AUM to a new high.

Can we call it a saturation point?

Far from it!

The total AUM of India's mutual fund industry is just about 13% of India's GDP.

This megatrend of financialisation of savings has a long runway ahead of it.

Data source: AMFI

This Chart Of The Day was published in The 5 Minute WrapUp - These Rebirth of India Stocks Are Raring to Compete with Tesla

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