3 Review(s)

Mutual Fund Hindi Guide - It will prove to be very good for new investors. There are many people who are planning to invest now, this book will help them a lot. The AUM (Assets under management) in the mutual find industry in India is worth Rs 24.55 trillion as of May 31, 2020. AUM in India has grown fourfold in a decade (2010 - 2020) and is targeted to increase fourfold by 2025. Equity AUM continued to be the major contributor with 42.1% share in September 2019, while debt oriented schemes accounted for 28.8% of AUM and 23.3% of the liquid / money market share. Digital penetration, government targeting smart cities and increased data speeds are also facilitating the flow of asset share towards smaller cities and towns. The increase in retail contribution through SIP reflects the power of digital penetration in India. The total number of folios as on 31 May 2020 was 91 million, and the maximum investment from the retail sector was INR 80.3 million. So you saw how fast the mutual fund is growing. By the way, detailed information about the mutual fund is available on the Internet. But there are many terms or words in which we do not know the meaning. If you are a brand new investor like me and you have no relationship with the commerce background then it will be difficult for you, of course. The information a new investor needs before investing in a mutual fund. I have given that in this book. Here I have given a compilation of frequently asked questions in this book.