Even if we are comparing the top 10 mutual funds in both countries, we are less than 1% of US mutual funds AUM
We are nearly 20% in terms of GDP size when compared to US
Even if we go to 5% of US MF AUM , We will easily cross 20 million crore in AUM from 50 lac crore AUM at present.
My advice is to allocate atleast 5-10% of your savings here. In 10+ years, returns can be substantial