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Why is there a sudden interest in mutual funds?

BS Web Team 


Why is there a sudden interest in mutual funds?

Several new players have jumped into the mutual fund business lately. Zerodha said it had got in-principle approval to launch its own mutual funds.

Sachin Bansal’s Navi has also floated offers for 11 new funds. And there are reports that PhonePe might also apply for an Asset Management Company licence in order to sell its own funds.

Watch the video to learn why is there a sudden interest in mutual funds? And what are mutual funds?

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