Now a days higher interest rate and a rise in bond yields saw investors move out of high duration products.
Acceptance of Mutual Funds as an investment product is increasing rapidly amongst the new generation of investors. Retail investors are showing faith in equities and allocating through SIP.
Indian Mutual Fund's assets under management (AUM) reached an all time high of Rs 25.2 lakh crore.
°SIP distribution per month data°
Month 2018-19 2017-18 (crore)
April 6,690 4,269
May 7,304 4,584
June 7,557 4,744
July 7,654 5,206
Total 36,756 23,750
It shows a great potential of Mutual Fund's (AMU) business in India . Not exactly India, its have a great potential in all over the world.