Next Level Education | Growth of Financial Assets in India
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Growth of Financial Assets in India

Growth of Financial Assets in India

If one looks at the growth of financial assets in India between the Financial year 2016 and 2017, the impact of demonetisation stands out starkly. Cash is one of the only asset classes that has seen as massive shrinking of assets.

At 39.72% growth, Mutual Funds are leading the pack. With Mutual Fund Sahi Hai campaign and education efforts this growth rate is only posed to reach higher scales

Fixed deposits are 9.04% seems to be slipping and rightly so.

Overall growth has been very healthy for equities and unlisted equities

Current account deposits and savings deposits too have seen healthy growth but with FD growth getting curtailed  it indicates high mobilisation potential into equities and mutual funds.

The message for  IFAs is clear.

The opportunity is on the table for the take.

However one will have to put in the requisite effort to move the assets.

2 Comments
  • Swapan Mishra
    Posted at 17:47h, 16 December Reply

    There is a mistake in mutual growth % which mentioned in 2nd paragraph of article.

  • Gopinathan Nair C R
    Posted at 12:48h, 17 December Reply

    Difficult to read bar chart

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