Equity MF Assets

ENDURANCE OVER IMPULSE: Anchor down for the long haul, doubling 5+ year holdings

Assets under management (AUM) of the mutual fund industry witnessed a growth of 41 per cent in the last financial year

However, global brokerage form Jefferies believes the industry still has tremendous growth potential as it has barely scratched the surface when it comes to AUM growth

But investors who want the flexibility to alter their asset allocation may avoid these 3-in-1 funds

Many have Mutual fund assets, which are less than 5% of economic output

Equity mutual funds were 5.3% of total m-cap of Indian equities, that is, Rs 133 lakh crore