SEBI Flags Financial Awareness Gap as MF Industry Crosses ₹80 Trillion

India’s mutual fund industry has crossed ₹80 trillion in assets, reflecting strong retail participation and consistent SIP inflows. However, SEBI’s chairperson warned that financial literacy levels remain low, especially among first-time investors. The regulator stressed the need for better understanding of risk, product suitability, and long-term planning to ensure sustainable wealth creation as participation widens across demographics.