The Indian financial ecosystem is undergoing a structural transformation. Historically, household savings in India were firmly anchored in physical assets like real estate and gold.
Long before investing became an app-led experience and before portfolios could be reviewed on a mobile screen, wealth creation in India was a far more physical, personal and instinctive business.
India’s mutual fund industry has witnessed a structural transformation over the past decade, supported by rising financial literacy, digital distribution and expanding retail participation.
When India's economy opened up in the early 1990s, the country's investment landscape looked very different from what it is today.