Making money from mutual funds is a little easier than making money from the share market. There is risk in this but the companies managing mutual funds greatly reduce the level of risk for investors. Therefore, those who invest in it make good money in the long term. Do you know where in the country the people are most ahead in making money by investing in mutual funds?
Association of Mutual Funds in India (AMFI), an organization of mutual fund companies operating in the country, has shared a lot of interesting data in this regard.
According to the latest available data of AMFI, if mutual fund companies in the country get Rs 100 in the form of Assets Under Management (AUM), out of this, more than Rs 56 comes from only 3 states or union territories.
According to the AMFI report, Maharashtra, Gujarat and Delhi are the only three states where people invest their money openly in mutual funds and earn good income in proportion to the same. After these three states, Karnataka and West Bengal are in this list.
If we look at this list, the maximum investment in mutual funds of about Rs 27.49 lakh crore has come from Maharashtra. After this, Delhi is at second place in the list with Rs 5.49 lakh crore and Gujarat is at third place with Rs 4.82 lakh crore.
People of Karnataka have invested Rs 4.71 lakh crore in mutual funds, whereas 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.
