21
Feb
New Plans to expand mutual fund participation Mumbai: AMFI launches Chhoti SIP, Tarun Yojana, and MITRA to expand mutual fund participation The Association of Mutual Funds in India (AMFI) has introduced three new initiatives aimed at improving financial inclusion, investor awareness, and investment recovery. These initiatives— Chhoti SIP, Tarun Yojana, and MITRA—are designed to make mutual fund investing more accessible. India’s mutual fund industry has seen significant growth, with assets under management (AUM) surpassing ₹65 lakh crore. However, many potential investors remain outside the formal financial system due to lack of awareness and accessibility challenges. AMFI’s new initiatives seek to bridge…
