Question
According to the data provided by RBI, which of the
following recorded a 150 % jump in gross inflows from retail investors during 2021-22 (FY22)?Solution
According to the data provided by RBI,Mutual funds (MFs) recorded a 150 percent jump in gross inflows from retail investors during 2021-22 (FY22), even as overall household savings declined 19 percent year-on-year. In FY22, domestic MFs received Rs 1.6 trillion gross inflows from households. Given that households saved a total of Rs 25 trillion in the last financial year, the share of MFs in total gross savings stood at 6.3 per cent — the highest in four financial years. In fact, gross inflows into MFs were the highest in at least a decade. RBI Headquarters: Mumbai Governor: Shaktikanta Das Deputy Governors: MK Jain, MD Patra, M Rajeshwar Rao and T. Rabi Sankar
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