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Happy Independence Day! Market History:-

🇮🇳  Happy Independence Day! 
Market History:-
According to some estimates, India’s share of the world income was 22.6% in the year 1700. And in the year 1952, it was just 3.8%.

We are around 10% of the world’s GDP right now - the 5th largest economy in the world.

India’s GDP was only $37 bn in 1960. Right now, it is $2.7 tn.

India is gifted with a huge young working population - India’s median age is around 28. (China’s is 37, Western Europe’s is 45, and Japan’s is 49).

Sensex started with a base value of 100 in 1979. Right now, it is at 37,877. That is a growth of 15.58% per annum.

The first mutual fund company (AMC) in India was established in 1965 - UTI Mutual Fund.

From 394, we now have 1792 mutual fund schemes.


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