MF AUM to GDP ratio low, industry can grow exponentially: Parekh
Addressing the shareholders of the company, Parekh said that the mutual fund industry overall assets under management rose by 41 per cent year on year to close at Rs 31.4 lakh crore.
Addressing the shareholders of the company, Parekh said that the mutual fund industry overall assets under management rose by 41 per cent year on year to close at Rs 31.4 lakh crore.
The tax system in the country provides incentives for fund investing, including the deferral of capital gains taxes until units are sold.
