HomeNews News AUM of Indian MF industry hits ₹17.9 lakh crore in February AUM of Indian MF industry hits ₹17.9 lakh crore in February

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AUM of Indian MF industry hits ₹17.9 lakh crore in February

AUM of Indian MF industry hits ₹17.9 lakh crore in February

Friday, March 17, 2017, 8:11 AM

Asset under management (AUM) of Indian mutual fund industry continued to surge largely due to sharp inflows into income and equity schemes. According to the data from the AMFI, AUM of Indian mutual fund industry stood at ₹17.89 lakh crore as on February 2017, compared to ₹12.62 lakh crore in the corresponding period of the previous year, registering a growth of 41.67%.
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