21
Nov
#MutualFundIndia #AMFIData #AUM #FinancialHubs #TierIIGrowth #InvestmentIndia #WealthConcentration #FinancialInclusion #StockMarketIndia Chandigarh: Recent data released by the Association of Mutual Funds in India (AMFI) confirms a major milestone for the Indian mutual fund industry: the Top 30 cities now each command over ₹30,000 crore in Assets Under Management (AUM). This significant finding underscores the increasing financial maturity and concentration of wealth within India’s urban hubs, while also highlighting the successful expansion of the market into Tier-II and Tier-III cities, signaling a new era of investment democratization. The total AUM of the industry stands robustly at ₹77.78 lakh crore. 🏙️ The Unshakeable Grip…
