Assam CM Celebrates 159% Growth in Mutual Funds Over Five Years
Assam Chief Minister Himanta Biswa Sarma recently spotlighted a significant financial achievement for the state: a 159% growth in mutual fund investments over the past five years. The total investment soared from ₹11,298 crores to ₹29,268 crores, underscoring the robust India Growth Story.
According to CM Sarma, this impressive surge reflects the increasing trust the people of Assam have in the financial markets and indicates a notable rise in their incomes. He emphasized that this growth is a testament to the economic progress and financial literacy spreading across the region.
This financial milestone not only highlights the economic prosperity in Assam but also showcases the positive impact of market confidence and the state’s evolving investment landscape. As mutual fund investments continue to grow, they play a crucial role in the broader economic development of Assam and its residents.
A mammoth 159% growth of Mutual Funds in Assam in the last 5 years, from ₹11,298cr to ₹29,268cr, speaks volumes about the India Growth Story; the trust people of Assam have in our markets and the rise in the incomes of our people. pic.twitter.com/dQNpFL8VxC
— Himanta Biswa Sarma (Modi Ka Parivar) (@himantabiswa) May 19, 2024