Kolkata: In the twenty first century explosive growth in the banking, financial services and insurance, popularly referred to as the BFSI sector, has been one of the defining characteristics of the Indian equity markets. And that’s not surprising. The rise of Indian middle-class, a growing awareness of the need for investment, shift from debt instruments to gain from equity premium, the need for buying insurance and the rising gains from mutual funds have all contributed to the fantastic growth of this sector. This growth of the BFSI sector, while recognised in the wider investor circles, has been captured in figures in a recent report by Bajaj Finserv Asset Management.

Mutual funds

The report has disaggregated each sub sector of the BFSI universe. Mutual funds have emerged as the favou

See Full Page