![After 5 years of silence, what’s next for this ‘money’ stock? After 5 years of silence, what’s next for this ‘money’ stock?](https://i2.wp.com/www.livemint.com/lm-img/img/2024/10/21/1600x900/g0ecfa5b69d71308bed8745aaaeb439685635dd7a88efcf95664c90182065c3a81a9c678a88af751fb4bb97cb36a52b786741585262874a4b87a88e58b741520b_1280_1729513559876_1729513572640.png?w=600&resize=600,400&ssl=1)
After 5 years of silence, what’s next for this ‘money’ stock?
Source: Live Mint Now, that might sound like a lot, but let’s put it into perspective. India’s average savings rate is roughly 20%, which translates to about $500 billion saved annually. So, compared to the annual savings, the mutual fund AUM wasn’t as hefty as one might think. This indicated a significant growth opportunity. The…