Mutual Fund Boom To Continue: Managed Fund AUM To Double To Rs 455 Lakh Crore By 2030, Says Crisil

According to a recent report by Crisil, the assets under management (AUM) for mutual funds and alternative investment funds in India are projected to reach Rs 455 lakh crore by 2030, effectively doubling from current levels. This anticipated growth is attributed to a sustained increase in mutual fund investments, driven by rising investor confidence and awareness. Additionally, the report highlights the continued expansion of alternative funds, which are expected to gain traction among investors seeking diversification and higher returns. The mutual fund industry has seen significant developments in recent years, buoyed by policy support and improved financial literacy among the populace. As more individuals turn to managed investment products, the landscape of Indian finance is set to evolve, offering a wider array of investment choices and opportunities for wealth creation. Crisil's insights suggest that the mutual fund boom is far from over, with robust growth trends indicating a bright future for the sector and its contributors to the Indian economy. Investors are encouraged to stay informed and consider diversifying their portfolios through these managed products to capitalize on the upcoming growth phase.