Only 3% of Indians invest in Mutual Funds: Motilal Oswal
The Business Guardian|December 11, 2024
India's capital market has surged significantly over the past four years as the number of demat accounts in the country has surged more than fourfold, reaching 17.9 crore (179 million) by October 2024, says a report by Motilal Oswal.
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Only 3% of Indians invest in Mutual Funds: Motilal Oswal

However, the report highlighted that only 3 per cent of the country's population invests in mutual funds, underscoring the potential for further growth. The demat penetration in India also remains low at just 12 per cent, compared to 62 per cent in the United States.

This story is from the December 11, 2024 edition of The Business Guardian.

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This story is from the December 11, 2024 edition of The Business Guardian.

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