MF penetration in India , a long way to go!!

Only 5.3 million individual earners in India have invested in a mutual fund. This works out to a mere 1.65% of the country’s earning population.This is among the findings of the Invest India Incomes andSavings Survey 2007, produced by IIMS Dataworks. The survey provides the first 360-degree view of the financial behaviour and future investment intentions of the Indianworkforce.

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