06 Dec Where is the focus
The above slides are taken from Mr Debashish Mohanty’s (President and Country Head , Retail Business at UTI AMC) presentation at the Mutual Fund Distributors Summit 2017.
Institutional folios comprise only 2% of total folios but 49% of total AUM. So while we may all believe that the industry is growing at a very fast pace, in reality there is a lot of potential and lot of work has to be done. AUM may have grown 5 times but against that growth folios have grown twice and considering that at an average every investor has 5 folios, the growth of unique investors remains abysmal.