About 80% of retail Equity Mutual Funds has been invested through distributors in September 2024..!.
by Mr S.Sridharan, Founder, https://www.walletwealth.co.in/
In a sign that indicates maturity of investors in mutual funds, AMFI (Association of Mutual Funds in India) data shows that 54.7% of the total equity mutual Funds have stayed invested for over 24 months.
Retail investors
Since the majority of individual investors like retail investors and HNIs invest in equity funds, this trend indicates that many investors have understood the long term benefits of equity investing.
In fact, the data shows that retail investors hold 59.1 % of equity assets for periods greater than 24 months.
Experts attribute this to mark to market gains and handholding by distributors. 78% of retail equity mutual fund AUM has been invested through distributors in September 2024.
The data further shows that maturity of investors in non-equity funds like debt mutual funds, conservative hybrid mutual funds and Gold ETFs has also increased with 40% of the total debt AUM remaining invested for over 2 years.
The data further shows that 14% of retail debt mutual fund is redeemed within a month's time. Such a figure was just 4% in equity funds.
Disclaimer
Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The past performance of the mutual funds is not necessarily indicative of future performance of the schemes
S.Sridharan, Founder, https://www.walletwealth.co.in/
If you need any advice on investments, do call us at 9940116967.
Team Wallet Wealth,
AMFI Registered Mutual Fund Distributor
2nd Floor, No.8A, 2nd Main Road, Nanganallur,
Chennai – 600 061
Ph: 044-48612114
https://www.walletwealth.co.in/
Email id : sridharan@walletwealth.co.in
You can contact Mr.S.Sridharan for all types of investments including mutual fund investment, medical insurance, and life insurance.
Read articles written by Mr. S. Sridharan in Nanayam Vikatan, a leading personal financial management magazine.
https://www.vikatan.com/author/855-sridharan-s
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