 "investment, investors, stocks, market, shares, shareholders, MF, savings")
A major cause of worry for the mutual fund (MF) industry is the contraction seen within the high networth individual (HNI) segment since FY17.
In the equity category, HNIs have shown a preference for investing directly in equities instead of through mutual funds. One deterrent could be the expense ratios of about 1.7 per cent of AUM.
“With research and market views available in abundance, it is no surprise that they
