According to data from the Association of Mutual Funds in India (AMFI), Maharashtra, New Delhi, and Goa have the highest mutual fund (MF) penetration in India.
Index
According to data from the Association of Mutual Funds in India (AMFI), Maharashtra, New Delhi, and Goa have the highest mutual fund (MF) penetration in India. Jharkhand is one of the top 10 states with 13% penetration, MF penetration is barely 5-6% in Telangana and Kerala. Jharkhand has 79% of the state’s assets under management (AUM) in equity, and companies mostly invest in credit schemes. North-eastern states also have low MF penetration rates. The penetration rate is lowest in southern states like Kerala, Telangana, and Andhra Pradesh.
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