PURPOSE
SFC Financial aims to expand the concept of Savings and Investment by encouraging people to invest in Market Related Schemes, and increase the savings of lower and middle-class people and convert their small savings into industrial finance. Mutual Fund Investment Habit - India V/s America The total funds managed by the Mutual fund houses in the USA is approximately $18 trillion. The AUM of mutual funds in India is approximately just $0.35 trillion. India is not even in the top 10 countries despite of second largest population in the world. More than 25 – 28 % of America’s population is invested in Mutual Funds. The number in India is just 1.5 – 2 %.