What is Mutual Fund ?
A mutual fund is an investment vehicle that pools funds from investors and invests in equities, bonds, government securities, gold, and other assets. Companies that qualify to set up mutual funds create Asset Management Companies (AMCs) or Fund Houses, which pool in the money from investors, market mutual funds, manage investments, and enable investor transactions. Mutual funds are managed by sound financial professionals known as fund managers, who have the expertise in analyzing and managing investments. The funds collected from investors in mutual funds are invested by the fund managers in different financial assets such as stocks, bonds, and other assets, as defined by the fund’s investment objective.
Industry Growth
SIP Growth
Investing in SIPs is a smart choice—it’s straightforward, keeps you disciplined, and caters to investors, regardless of their investment capacity. This significant surge in SIPs indicates that more people recognize the reliability and practicality of SIPs as an investment option. It’s an excellent opportunity to steadily grow your money over time and explore avenues for earning.
Monthly SIP GS (up 30% YoY) rose to Rs16,928 cr in Oct’23 vs Rs 13,041 cr in Oct’22
SIP accounts rose to a record 7.30 cr in Oct ’23, up 23% YoY
Avg SIP size up at Rs 2319 p.m. (highest in 19 months) vs Rs 2198 p.m. last year
Oppurtunities in Mutual Fund
In India, approximately 3.7 crore individuals, roughly 2% of the population, actively engage in SIP and Lumpsum. investments, demonstrating a substantial interest among investors. In contrast, in many other countries, around 65% of the populace participates in similar investment opportunities.
On the other side, when considering distributors, there are approximately 1.37 lakh mutual fund distributors in India, forming only 0.1% of the total population. This highlights a vast field of opportunities for individuals keen on becoming distributors and facilitating investment avenues for others.
This disparity between the number of investors and distributors unveils a remarkable potential for growth and expansion within both realms—the broad scope for individuals to invest and the equally vast field for those interested in becoming distributors and enabling investment opportunities for others.
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