@ActusDei Its just a matter of time, when FIIs will come back to India, till then SIP sellers will become Unit accumulators.
BTW we would love to allocate more globally, its the RBI restrictions which dont allow us to at the moment. We have decent exposure to international funds!
Because we are buying their narrative.
And last but not the least, Shri Narendra Damodardas Modi Ji will become India’s PM for the 3rd consecutive term
Dear BJP supporters, ur party is leading on 240 seats, your prepoll alliance that fought elections under PM @narendramodi ‘s leadership is winning 295 seats as of now and yet you are acting like losers.
A thread...
Guess what our party has won more seats than the entire INDI alliance put together.
In case if u all forgot, 273 is the magical no and we have already crossed that no in terms of leads. 400 was a target and not winning the target doesn’t mean we have lost this election.
We are the winner of the 3rd consecutive elections under PM Modi’s leadership.
For comparison sake, know that Cong which is below 100 seats and the alliance that has won lesser no of seats than the entire INDI alliance put together is behaving like a winner...
Myth and reality
The AUM growth of MF Industry is majority driven by Mark to Market growth. That has zero impact on Bank Deposits.
MF industry doesn't deal in cash.
All subscription received or redemption paid is only through bank accounts. Our flows / AUM remains part of the banking system. In fact since there are no leakages, flows into MF industry actually increases velocity of money and help create more deposits.
As per the RBI, financial flows of household has gone substantially more to Insurance, Pension and PF, small savings and currency, than mutual funds in between FY 20-22.
The question which needs to be answered is why despite UPI, Indians have put more money in currency notes than mutual funds or equities in last three years?
The key to the riddle of bank deposit growth probably lies in that as currency reduces velocity of money and directly impacts deposit growth.
Thread:
Wasn't CONgress led UPA aware of strategic challenges from China & it's Expansionist Policies?
Then why didn't UPA work to secure our borders with China?
I know that you all already know the answer & therefore, will focus only on Modi Govt's Work on the same.
1/9