India aims to achieve Rs. 1 trillion in monthly SIP inflows by 2030, driven by enhanced financial literacy, technological advancements, economic growth, and regulatory support. However, challenges such as economic uncertainties and investor mistrust need to be addressed through continual education and comprehensive financial planning.
9 equity mutual fund categories saw over 20% surge in AUM in 2024
The AUM of sectoral and thematic funds went up by 74% in 2024 from Rs 2.71 lakh crore in January to Rs 4.72 lakh crore