Mutual Fund AUM at all-time high of Rs 66.70 lakh crore in August: AMFI

Mutual Fund AUM at all-time high of Rs 66.70 lakh crore in August: AMFI

The mutual fund industry AUM has hit an all-time high of Rs 66.70 lakh crore, led by net inflows across open-ended categories and mark-to-market (MTM) gains in the equity market. The industry AUM rose by 2.7% or Rs 1.74 lakh crore in absolute terms from Rs 64.97 lakh crore in July, according to a monthly … Read more