06/20/2024
📊 How states in India are investing in mutual funds! 💰
As the demand for mutual funds continues to grow across India, different states are showing varied levels of participation. Maharashtra, with ₹23,91,900 crore in assets under management (AUM), leads the way, closely followed by New Delhi and Gujarat. States like Karnataka and Uttar Pradesh are also showing significant investment in mutual funds. Interestingly, smaller states like Jharkhand and Assam are catching up with notable growth in mutual fund pe*******on.
This rising trend highlights the increasing awareness and preference for mutual funds as a strong investment option among Indians. The diversity in equity and non-equity investments reflects the dynamic strategies adopted by investors across the country.