Between March 2019 and March 2024, the MF AUM has grown by a CAGR of 17.5% compared to bank deposits growth of 11%.

Axis AMC has appointed Nandik Mallik as its as Head - Equity & Hybrid for its proposed SIFs. The fund house aims to maximize the potential of the new asset class with this appointment.

The event saw experts from within and without the industry share their insights on issues relevant to the distributor community.