While glancing through twitter, I found this interesting stat regarding Mutual fund individual investors.
In a Lok Sabha reply yesterday, the govt released some interesting stats on individual mutual investors. Here’s the data :
Pictures Courtesy : Neil Borate
Interesting Observations :
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Total no. of Individual investors are about 1.85 Crore.
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Surprising to see that there are only 245 mutual fund individual investors in the whole country whose income is greater than 5 crore. (That’s seriously low ryt?
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Approximately 70% of individual investors income range is below 5 lakhs. They contribute about 28.5% of Total AUM.
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Major Chunk of AUM compared to no. of investors is contributed by 1-5 Crore income range investors. They contribute 31% of AUM with total percent of investors being less than 1%
What are your views on this ?