First-time investors from smaller cities are increasingly showing greater appetite for mutual fund investments, but is the trend here to stay ? Preeti Kulkarni probes for answers.
Aiming Big
Yadav represents the growing tribe of retail investors from the not-so-big cities who are increasingly relying on mutual funds to realise their dreams. As per data from mutual fund research firm Morningstar India, investors from B-15 cities – the ones beyond the list of top 15 cities – accounted for 17.7 per cent of the overall industry assets under management (AUM) as of September 2017, up from 17 per cent in October 2016 (See: Upward March).
Diese Geschichte stammt aus der December 2017-Ausgabe von Outlook Money.
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Diese Geschichte stammt aus der December 2017-Ausgabe von Outlook Money.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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