The Indian mutual fund industry is currently worth around Rs. 38 lakh cr AUM. It is the fastest growing financial Industry with 22% of Growth rate over the last 5 years. Out of 135 Crore Indians, only 3.25 crore individuals are currently investing in MF. That is less than 2% of our population. This shows high potential in the industry. Every month, around 8–10 lakh new investors join the mutual fund industry.
Despite the growth in MF investors, there is still a long way to go as
- We still have an under-performed mutual fund market as compared to the developed world - AUM to GDP Ratio - India - 12% Vs World Average - 63%
- Low Competition : Only 1.26 lakh Mutual fund distributors Vs 20 lakh + Insurance advisors
- Over the next decade, about 100 Lac Cr. of AUM opportunity is expected.
The huge gap between demand and supply creates great career opportunities for you.