You will surprise to know that in the United States, whopping US$ 26.96 trillion is invested in mutual funds at the end of 2021. The US mutual fund industry remained the largest in the world in 2021. The United States accounted for almost more than 40% of the global mutual fund market.
In India, from a single-player i.e. Unit Trust of India (UTI) in 1964, the Indian mutual fund industry also has evolved into a high-growth and competitive market. As of August 2012, forty four asset management companies (AMCs) were operating in India with assets under management (AUM) of approx. Rs. 6.40 lakh crores which has grown to approx. Rs.39.62 lakh crores as at January, 2023 around 6 fold increase in a span of 11 years.
Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost.
We are a Mutual Fund Distributor registered with Association of Mutual Funds in India (AMFI) and selling all types of Funds of most of the Mutual Fund Companies in India.
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