Published 07:40 IST, February 1st 2024
Mutual fund industry expects tax reforms for greater financial inclusion in budget
Assets Under Management-to-GDP ratio, a measure of mutual fund penetration in the economy, has surged to 15 per cent compared to 7-8 per cent a decade ago.
![Rupee](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/WhatsAppImage2024-01-12at16.27.101-170530031631516_9.webp)
The industry is urging the government to revise the definition of equity-oriented mutual fund schemes | Image:
Freepik
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12:02 IST, January 15th 2024