The flow of investments into equity mutual funds in India slowed to ₹7,625 crore in July from ₹8,367 crore the previous month. However, Swarup Mohanty, CEO and Director of Mirae Asset Investment Managers, believes there is still plenty of room for growth in the industry, with India's asset under management (AUM) as a percentage of GDP at just 15%, compared to the global average of 75%-80%. Mohanty also highlighted the potential of India's economy to double in size over the next 8-10 years and the increasing interest from Korean investors. He emphasized the need to convince younger generations, particularly Gen Z, to invest in mutual funds.