• AUM of Mutual Funds has risen almost 2.4 times in the last 5 years, showing a CAGR of 19.15%. (Between June 2019 and June 2024)
  • Equity Fund AUM has become almost 4 times with a CAGR of 30% in the last 5 years.
  • In the same period, the bank deposits grew by only 10.92%

Summary of the Economic Survey 2024.

The Economic Survey 2024 highlights India's resilience and growth with an 8.2% GDP increase. Inflation is controlled, though food prices are high. Public and private investments are robust, and FDI remains strong. Employment generation faces challenges, despite strong corporate performance. Policy continuity is expected with the return of the National Democratic Alliance government. Key sectors like banking, capital markets, insurance, and pensions show robust performance. Challenges include financial sector growth, food inflation, and addressing structural issues. The survey underscores the need for reforms and collaboration to sustain economic growth.

  1. Nifty 50 Records Longest Weekly Winning Streak
  2. Coal India and GSFC Among Top Dividend Payers
  3. Amazon's Expansion Plans in India
  4. Google to Export India-Made Pixel Smartphones
  5. Interest Rates for Provident Funds Unchanged
  6. Modinomics 3.0 and FMCG Sector Challenges