Ch.6 · ARN and EUIN Rules · medium
What is the penetration level of mutual funds in India and why is it considered low?
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EXPLANATION
India's mutual fund AUM as a percentage of GDP is significantly lower than developed markets (US, UK, France) where it exceeds 100% of GDP. India's penetration is around 17–20% of GDP, with most AUM concentrated in T-30 cities. This represents a massive growth opportunity for the industry.
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