Synopsis Mutual funds should be perceived as a longer-term investment vehicle at par with comparable investment avenues like gold and real estate with the investment horizon for 7 to 10 years especially the equity funds. Getty Images Investing in Mutual funds can make a significant contribution when it comes to the development of the Indian Economy. We believe the development of the capital markets enhances the four pillars of the financial system: efficiency, stability, transparency, and inclusion. Mutual fund industry has been at the forefront of this growth. The Mutual Fund industry is still under-penetrated with a few impediments thwarting its growth, we need to address these hurdles which could help deepen investments in Mutual Funds and hence drive growth in capital markets. Mutual funds should be perceived as a longer-term investment vehicle at par with comparable investment avenues like gold and real estate with the investment horizon for 7 to 10 years especially the equity funds. The industry through Association of Mutual Funds of India (AMFI) has been highlighting to the regulators and the Government at a regular interval. We believe the following suggestions could go a long way in the acceptance of Mutual Funds as a tool of long-term financial savings.