A mutual fund is a financial scheme that offers high returns to long-term investors. Money is guaranteed in this as it comes under the supervision of SEBI. At the same time, there is risk in equity mutual fund schemes. It depends on when we invest and when we exit. Mutual bundled monthly investment plan SIP is popular nowadays. But many people put money in bank deposit, RT, post office, LIC, policy, auction ticket etc. Apart from this, they cheat by joining schemes like 10,000 per month for 1 lakh.
In this case, Edelweiss Mutual Fund Company has said in a statement about the mutual fund sector that: In the mutual fund sector, 14 crore project-related applications have been received so far and are active. But if you dig deeper, an average person has four plans. Accordingly, only 3.5 crore people are real investors. This pales in comparison to the working age (15 – 64) population of 94 crore.
Underdevelopment of the distributors segment is a major problem. They don’t get enough incentives. An improved intermediation system is needed to exploit the opportunities in this sector. They should not only recruit investors but also spread awareness. To tap into the huge opportunity that exists in the mutual fund industry, a large number of employees are required. They should have sector specific skills. 
Mutual funds lag behind in public investment preferences. As of March 2022, bank deposits accounted for 52 percent of household savings. Life insurance is 24 percent. It is in the cities that there is awareness about mutual funds. Outside the B-30 cities, investment from smaller cities accounts for 28%. This is growth. However, this number should be spent on advertising to improve the country. Savings should be transferred to mutual fund. This is what the report says.