AMFI introduced three initiatives to enhance financial inclusion and investor awareness. The Chhoti SIP allows investments as low as ₹250, making mutual funds more accessible. Tarun Yojana aims to integrate financial literacy into school curricula, educating young minds about investment principles. These programs, along with MITRA for recovering forgotten investments, align with SEBI's efforts to democratize mutual fund investments. The initiatives target first-time investors, underserved segments, and youth, addressing barriers like lack of awareness and accessibility.
Source: Economic Times