MF or PMS in 2023?

Since the corona virus epidemic began in March 2020, India has seen a tremendous expansion in retail participation in financial investments like shares, mutual funds and PMS. The pandemic, along with digitisation and more lenient restrictions, contributed to an increase in household financial assets from 12 per cent of GDP in 2019–2020 to 15.7 per cent in 2020–21. One asset class that has seen significant growth in investor activity is equities. At the end of November 2022, there were approximately 10.5 crore demat accounts in India.