Mutual Funds Market to Eyewitness Massive Growth by 2026 | ICICI Prudential Asset Management, Kotak Mahindra Asset Management, SBI Funds Management

A new research document is added in HTF MI database of 82 pages, titled as 'Mutual Funds Market in India 2019' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions and important players/vendors such as HDFC Asset Management Company Limited,Reliance Nippon Life Asset Management Limited,Aditya Birla Sun Life AMC Limited,Axis Asset Management Company Limited,DSP Investment Managers Private Limited,Franklin Templeton Asset Management (India) Private Limited,ICICI Prudential Asset Management Company Limited,Kotak Mahindra Asset Management Company Limited,SBI Funds Management Private Limited,UTI Asset Management Company Limited. The Study will help you gain market insights, upcoming trends and influencing growth prospects for forecast period of 2019-2025.

Access sample report @ https://www.htfmarketreport.com/sample-report/2577606-mutual-funds-market

Summary
In terms of assets under management (AUM), the mutual fund industry in India has been experiencing steady growth over the past few years. During the FY 2016-FY 2019 period, the mutual fund industry AUM increased at a rate of ~22.94% and is expected to reach INR ~918.54 Tn by FY 2024. This growth can be attributed to the growing importance of the ‘savings culture’ among people and inclination towards systematic investment plan (SIP) schemes. Both individuals and institutional investors are expected to contribute equally to the growth of the market during the forecast period. Major players operating in the Indian mutual fund industry include HDFC Asset Management Company Limited, Reliance Nippon Life Asset Management Limited, Aditya Birla Sun Life AMC Limited, Axis Asset Management Company Limited and DSP Investment Managers Private Limited.
Market segment insights
As of June 2019, retail investors held the highest market share (~91.56%) in the overall mutual fund industry, in terms of the number of accounts. Retail investors also hold the maximum number of accounts across different types of funds, equity-oriented schemes being the most popular. Among the different kinds of mutual fund schemes, equity-oriented plans held a share of ~72.4% in the overall market in terms of number of accounts, as recorded in June 2019.
Key growth drivers of the market
• The proclivity to save money among people in the country is fueling the growth of the mutual fund industry in India. During the early-2000s, Indians used to make investments in physical assets and financial assets at the ratio of 3:2, which became 1:1 in FY 2019. This led to an inflow of INR ~3 Tn in the Indian financial sector by FY 2019.
• A rise in preference towards SIP schemes has recently been observed among investors in the country. The total contribution of SIP investments was INR ~679.1 Bn in FY 2018, which increased to INR ~926.93 Bn in FY 2019. A rise in SIP investments in the coming years is expected to drive growth in the Indian mutual fund industry.
Key deterrents to the growth of the market
Though, of late, the population has been expressing interest in mutual funds, lack of efficiency of asset management companies presents a challenge for the penetration of mutual funds across India. Companies often tend to limit their expenses for the development and maintenance of distribution channels only in tier 1 cities.
 
Companies covered
• HDFC Asset Management Company Limited
• Reliance Nippon Life Asset Management Limited
• Aditya Birla Sun Life AMC Limited
• Axis Asset Management Company Limited
• DSP Investment Managers Private Limited
• Franklin Templeton Asset Management (India) Private Limited
• ICICI Prudential Asset Management Company Limited
• Kotak Mahindra Asset Management Company Limited
• SBI Funds Management Private Limited
• UTI Asset Management Company Limited

Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/2577606-mutual-funds-market

Chapter 1: Executive summary

Chapter 2: Socio-economic indicators

Chapter 3: Introduction
3.1. Structure of mutual funds
3.2. Operational flow of mutual funds
3.3. Types of mutual funds
3.4. Investors in mutual funds
3.5. Benefits of investing in mutual funds

Chapter 4: Market overview
4.1. Indian mutual fund market overview
4.2. Newly launched schemes for Q1 of FY 2020
4.3. AUM of different mutual funds as of end of June

....Continued

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/2577606-mutual-funds-market

It's vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.

Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=2577606

Contact US :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com

Connect with us at LinkedIn | Facebook | Twitter

About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

This release was published on openPR.