The total mutual fund AUM was recorded at Rs 54.55 lakh crore in March. The top 10 mutual fund houses manage assets worth Rs 42.52 lakh crore which accounts for 78% of the total AUM. Here is a detail of how the AUM of the top 10 mutual fund houses moved in March, according to ACE MF.
iStock
Edelweiss Mutual Fund, the only gainer, witnessed an increase in assets under management by 0.09% in March. The fund house received an inflow of Rs 127.52 crore. The fund house managed an asset base of Rs 1.50 lakh crore as on March 31, 2024, against Rs 1.49 lakh crore in February.
Agencies
The largest fund house witnessed a decline in asset base by 0.20% in March. The fund house saw an outflow of Rs 1,839 crore last month. The total assets under management of the fund house in March were Rs 9.19 lakh crore against Rs 9.21 lakh crore in February.
ETMarkets.com
4/11
ICICI Prudential Mutual Fund
The fund house witnessed a decline in asset base by 1.40% in March. In rupee terms, the fund house witnessed a total outflow of Rs 10,154 crore in March. The total asset base of the fund house in March was Rs 7.16 lakh crore as against Rs 7.27 lakh crore in February.
ETMarkets.com
The fund house witnessed a total decline by 2.39% in the asset base in March. The fund house saw an outflow of Rs 15,074 crore. The total assets under management of the fund house in March was Rs 6.14 lakh crore against Rs 6.29 lakh crore in February.
IANS
6/11
Nippon India Mutual Fund
The total assets under management of the fund house declined by 1.08% in March. In rupee terms, the fund house saw an outflow of Rs 4,805 crore. The total assets under management of the fund house in March was Rs 4.38 lakh crore against Rs 4.43 lakh crore in February.
iStock
Kotak Mutual Fund witnessed a decline of 2.32% in the asset base. In rupee terms, the fund house saw an outflow of Rs 9,042 crore. The asset base of the fund house in March was Rs 3.81 lakh crore against Rs 3.90 lakh crore in February.
iStock
8/11
Aditya Birla Sun Life Mutual Fund
The fund house witnessed a decline in asset base by 6.39% in March or an outflow of Rs 21,562 crore in absolute terms. The asset base of the fund house in March was Rs 3.15 lakh crore against Rs 3.37 lakh crore in February.
Agencies
The fund house witnessed a decline in asset base by 2.45% in March. In rupee terms, the fund house witnessed an outflow of Rs 7,200 crore. The assets under management of the fund house in March were Rs 2.86 lakh crore against Rs 2.93 lakh crore in February.
IANS
The fund house witnessed a decline in assets under management by 5.40% in March. The fund house saw an outflow of Rs 15,244 crore. In March, the total asset under management of the fund house was Rs 2.66 lakh crore against 2.82 lakh crore in February.
Agencies
11/11
Mirae Asset Mutual Fund
The fund house witnessed a decline of 3.26% in assets under management in March. The fund house witnessed an outflow of Rs 5,470 crore. The total asset under management of the fund house was Rs 1.62 lakh crore in March against Rs 1.67 lakh crore in February.
Denial of responsibility! NewsConcerns is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.
