17 years of Indian stock market: From Rs 10 trillion to Rs 420 lakh cr; Rupee from Rs 48 to 94; MF AUM from Rs 5 lakh cr to Rs 81 lakh cr – Details

The mutual fund industry, once a niche segment, has become a cornerstone of household investing. The number of mutual fund folios has surged from around 4.7–5 crore in June 2009 to 27.66 crore today, while total assets under management have ballooned from roughly Rs 5–6 lakh crore to Rs 81.58 lakh crore.