The good part about Indian stock market is that it is getting more and more institutionalized. Many people are choosing mutual funds and PMS products to channelize their savings instead of putting money directly in stocks. The number of active SIPs has almost doubled in the last 3 years from ~65 lakhs to more than 1.2 crores now, bringing in about INR 4,500 Crores every month to mutual funds. There are many benefits with increasing…