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From Rs 40K cr to Rs 1L cr: Multi-asset funds have multiple points of appeal, inflows rise over two-fold

By Economic Times - 4 weeks ago
A section of wealth managers points out that there has been rapid growth in the mutual fund industry, with 9.7 million new investors coming in the last 12 months. As valuations in equities are no longer cheap and with many first-time investors moving from bank deposits, the need for low-volatility products has multiplied.

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