Some Important Facts.



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Indian funds have started performing better than global standards.
Asset under management of the Mutual Fund Industry as on
1st Nov ’07 stands at over Rs.500000 crores.
Numbers of foreign AMC’s are in the que to enter the Indian markets.
Growth of Mutual fund industry is
pumping money in other sectors
through mutual fund route.
Our
saving rate is highest
in the world. Only channelizing these savings in mutual funds sector is required.
We have
approximately 34 mutual funds companies which is much less than US having more than 800. There is a big scope for expansion.
Today most of the mutual funds are
concentrating on the 'A' class cities. Soon they will find scope in the growing cities like 'B' and 'C' class cities.
Mutual fund can
penetrate rural
like the
Indian
insurance industry with simple products
People are
getting aware of the financial advisory services.
Global investment
avenues are opened up