Bengaluru, Sept. 24 -- Motilal Oswal Asset Management Company (MOAMC) is accelerating its expansion beyond India's urban centres, combining a growing physical presence with digital platforms and investor education initiatives to strengthen mutual fund penetration across rural, semi-urban, and underserved metro markets.
The AMC's efforts have resulted in systematic investment plan (SIP) flows of nearly Rs 1,400 crore per month, growing steadily at around Rs 40 crore every month and accounting for close to half of its net monthly inflows.
Highlighting the uneven financialisation of India, MOAMC MD & CEO Prateek Agarwal said that while wealth has traditionally concentrated in metro cities, large segments of the country continue to have limit...