More than 50 per cent of SIP accounts come from semi-urban and rural areas. Illustration: Uttam Ghosh/Rediff.com India's smaller cities and rural areas give a wider picture of how the economy is......
'Indian investors have always been debt-heavy but with growing financial awareness they are getting comfortable with equities.' Illustration: Dominic Xavier/Rediff.com The share of retail......
Mutual funds (MFs) are seeing higher growth in new systematic investment plan (SIP) accounts in rural areas (beyond 30 or B30 centres) compared to the top 30 (T30) cities. Illustration: Dominic......
Industry players say improving the penetration beyond the top centres will require setting up more branch networks and empanelment of distributors. Illustration: Uttam Ghosh/Rediff.com The assets......
India’s mutual fund (MF) industry had barely any retail footprint when it completed 50 years in 2013. Illustration: Dominic Xavier/Rediff.com MFs had Rs 7 trillion in assets under......