Team of RBI researchers (Mayank Gupta, Satyam Kumar, Abhinandan Borad, Subrat Kumar Seet and Pratibha Kedia) in Aug-25 Monthly Bulletin article:This article examines the evolving landscape of household savings in India, highlighting the increasing preference among retail investors for equity mutual funds (MFs) as a key investment avenue.它对投资者行为的结构转变以及影响流动到股票共同基金的关键因素进行了全面分析。 Despite robust growth, India’s mutual fund industry remains relatively small compared to global benchmarks, pointing to significant scope for further expansion.Highlights:Over the past decade, household financial saving preferences have undergone a notable shift, with an increasing inclination toward equity-oriented instruments, particularly equity mutual funds.The study identifies increasing financial inclusion (proxied by demat accounts), relative market returns, and business confidence as critical drivers of equity经验分析表明，真正的GDP增长包含有关公平共同基金流动的预测信息。零售参与加深，尤其是来自较小的城镇和妇女投资者中，需要继续强调投资者的意识，财务素养，财务素养，审慎的监管，以确保持续和包含在印度的互惠互联合群体3的成长3的成长。 24％。将其与其他国家 /地区的MF资产在德国，中国等国家 /地区的GDP超过50-75％的国家和GDP的120％。 MFS的市场潜力很大。