India's mutual fund industry has undergone a remarkable transformation over the past few years, driven by technology adoption, greater awareness about liquidity, and a shift towards long-term financial planning. According to Kailash Kulkarni, from HSBC Mutual Fund, the behavioural change among investors has been one of the most significant developments in the country's financial landscape.
Speaking to ET Now, Kulkarni said the COVID-19 pandemic played a critical role in reshaping investment preferences. During the crisis, many households discovered that traditional assets such as real estate were not as easy to liquidate as they had once believed.