Mutual fund penetration in India is very low and the idea is to let household savings flow into capital markets. Sundeep Sikka CEO, RELIANCE NIPPON LIFE ASSET MANAGEMENT During the year, we have seen record flows into mutual funds, with assets increasing 29 per cent to ?21.27 lakh cr. Read more here: Budget should curve out investment from Sec 80C: Sikka
Read More Here: Budget should curve out investment from Sec 80C: Sikka
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