New Delhi, March 4 -- The number of unique mutual fund investors in India is expected to grow by over 5 times from 4.5 crore to 26 crore by 2047 as the country moves towards its Viksit Bharat goal, according to a report by PwC.

The report highlighted the increasing role of mutual funds in wealth creation and financial inclusion, projecting a rise in market participation and deeper investor engagement in the coming decades.

It said "The number of unique mutual fund investors is expected to grow from 4.5 crore to 26 crores during this period, with the average AUM per retail investor reaching INR 74 lakh".

The report also mentioned that the mutual funds reach in the country remains relatively low. As of January 2025, only 5.33 crore inves...