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ETMarkets Smart Talk: We see 4x-5x growth in mutual fund industry in next 10 years: Amar Deo Singh
Amar Deo Singh of Angel One says: "The investor base in the mutual fund industry has an enormous growth potential. Investors capitalize on market volatility and profit-taking. RBI is likely to cut rates in 1H 2024. SIP contributions have surpassed Rs 18000 cr. Retail is the new backbone for equity markets."