AMFI data shows that the mutual fund industry added about 86 lakh SIP accounts every month on an average during the FY 2017-18.
Fund managers play an important role in determining what returns an investor can get.
With penetration of mutual funds in India still in a low single digit, the industry is poised for quick growth.
These themes are quite diverse and are likely to play out in the next two to five years.
In August, leading fund managers adopted theme-centric approach in adding fresh stocks in their portfolios.
Liquid funds could also be used when you have a sudden influx of cash.
There could be some advisors who skew the portfolio towards insurance products.
Small and midcap segment is more exposed to domestic demand. They are better beneficiaries of this kind of growth.
Over the past year, the fund returned an annualized 15.05 per cent.
Over the last couple of years, the PE ratio of Nifty has moved from 20.95 to 25.89.
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