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Data▲ Bullish for Indian equities
Only 62 mn invest in MFs despite 500-550 mn UPI users in India: EY report
The brief
- Only 62 million invest in mutual funds, against 500–550 million UPI users in India
- Investable household assets reached nearly $5.2 trillion in FY25
- Rising individual participation matters for Indian mutual fund companies and equity markets
- India, Qatar discuss wider use of UPI, finalising pending bilateral investment treaty
- UPI MDR fee: Small merchants and gig workers brace for 0.4% levy from Oct 15
- UPI not working abroad: Indian traveller shares frustration over GPay not functioning in Singapore; netizens react
- UPI MDR: Will Rs 2,000+ payments move back to cards, cash or other options?
- Gold traders to protest on Oct 15 against MDR on UPI dealings
Growth in India’s long-term investing base
EY sees more than 100 million Indians joining long-term investing by 2035, with Tier 2 and 3 cities, women and younger investors expected to drive growth. Yet only 62 million people invest in mutual funds, compared with 500–550 million UPI users; investable household assets reached nearly $5.2 trillion in FY25.
Tuesday, 29 September
- Only 62 mn invest in MFs despite 500-550 mn UPI users in India: EY report