Record surge in mutual fund assets and number of folios in FY2024! What are the factors behind this growth?
The fiscal year 2023-24 turned out to be one of the best years for the domestic mutual funds industry as assets under management (AUM) spurted by nearly Rs 14 lakh crore to a record Rs 53.40 lakh crore as of March 2024 compared with Rs 39.42 lakh crore as …