Nithin Kamath highlighted the lack of an advisory ecosystem in India, particularly RIAs and MFDs, as a major hurdle for the mutual fund industry’s growth. He emphasized the importance of MFDs in reaching smaller cities and towns. Despite the growth in SIP investments, the industry needs a stronger advisory network for further expansion.
What could be potential high growth sectors in next 2-3 years? Hiren Ved answers
EMS is seeing rapid growth similar to the IT services boom. There is significant potential in tech-driven financial services, consumption patterns, and component manufacturing. Companies
January 6, 2025