Mutual Fund Investment : 50% are Maiden Investors

 * Mr. Sunil Subramaniam, Deputy CEO, Sundaram Mutual Fund, said, ''In the 2014 September quarter, retail investors pumped in Rs. 23,820 crore into equity mutual fund schemes, more than twice seen in the 2014 June quarter.

* Mr. B. Gopakumar, Head, (Broking), Kotak Securities, said, " Client acquisitions are up threefold in the last 5 months. Nearly 50 per cent to  to 60 per cent  of these clients are maiden investors although some may have bought mutual funds earlier".

* The higher retail participation has prompted many to believe that household savings in shares & debentures could go up meaningfully.

* JPMorgan wrote in a recent report that earlier phases of broad-based momentum in equities have resulted in as much as 12% to14% of household financial savings flowing into share & debentures.


 * Based on the current (2014) year’s GDP & household savings break-up  32% financials, 68% physical-  the peak allocation rate would amount to flows of $1,700 crore into shares and debentures, JPMorgan observed.
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