AI 15: India’s funds potential depends on pensions

Lack of regulation and poor investor awareness are holding back the growth of Indian mutual funds, despite decades of strong growth. The funds business has seen exits and consolidation in recent years, partly because of business models used and levels of commitment to the market. But firms with a sustainable business model face a promising future thanks to a reviving economy, regulatory and policy changes, and looming fundamental shifts in the industry. While India’s funds ind…