Assets managed by mutual fund distributors to rise four times in next five years

Mumbai: The Assets Under Management (AUM) of mutual funds is expected to witness a CAGR of 20 per cent and would reach Rs 23 lakh crore (US$ 368 billion) by 2020 from the current Rs 8 lakh crore (US$ 127 billion), according to a research report by CRISIL Research and …read more


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