More Indians now put nest eggs in MF basket: Mutual funds comprise 6% of household savings
Published on: Aug. 30, 2025, 9:36 a.m. | Source: The Economic Times
Indian households are increasingly favoring mutual funds (MFs) over traditional bank deposits, with MF share in gross financial savings rising to 6% in FY23 from under 1% in FY12, according to RBI economists. This shift reflects a growing appetite for financial risk, influenced by factors like increased financial inclusion and business confidence.
