Investing in mutual funds is an investment option
Making money with mutual funds is a little easier than making money with the stock market. This carries risk, but companies that manage mutual funds significantly reduce the level of risk for investors. Therefore, those who invest in it make a lot of money in the long term. Do you know where in the country people make the most money investing in mutual funds?
The Association of Mutual Funds of India (AMFI), an organization of mutual fund companies operating in the country, has shared many interesting facts in this regard.
Most of the money comes from these 3 states.
As per the latest data available from AMFI, if mutual fund companies in the country earn Rs 100 crore in the form of assets under management (AUM), of this, more than Rs 56 crore comes from just 3 states or union territories.
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According to the AMFI report, Maharashtra, Gujarat and Delhi are the only three states where people openly invest their money in mutual funds and earn good returns in proportion to the same. After these three states, Karnataka and West Bengal are on this list.
Maharashtra is on top, this is Delhi’s number
If we look at this list, the maximum investment in mutual funds of approximately Rs 27.49 lakh crore comes from Maharashtra. After this, Delhi is second in the list with Rs 5.49 lakh crore and Gujarat is third with Rs 4.82 lakh crore.
People in Karnataka have invested Rs 4.71 lakh crore in mutual funds, while in West Bengal this figure is Rs 3.45 lakh crore. In this too people have invested most of the money in the stock market.
