domestic mutual fund AUM crosses Rs 50L crore milestone amid sustained inflows, buoyant market

​the entire assets below management (AUM) of mutual funds (MF) in India hit a listing Rs 50.8 lakh crore ($609 billion) in December based on the records from the association of Mutual funds in India (AMFI).

the full property below administration (AUM) of mutual dollars (MF) in India hit a record Rs 50.8 lakh crore ($609 billion) in December in accordance with the statistics from the affiliation of Mutual money in India (AMFI). The Rs 50 lakh crore milestone become achieved a yr sooner than analysts' estimates. It grew by using six times from Rs 8.3 lakh crore a decade ago. The ratio of mutual fund AUM and the gross home product (GDP) at market costs reached 17%

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ET Bureau

Jan 08, 2024, 07:36:00 PM IST

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