AMFI: Indian mutual fund industry’s AUM reaches an all-time high
Mar 08 2017
News Category: Industry Update
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According to latest data from the Association of Mutual Funds of India, the asset-under-management (AUM) of the Indian mutual fund industry reached to an all-time high of Rs. 17.89 lakh crore in Feb, 2016, up 25.82% from Rs. 14.22 lakh crore in Apr 2016. The industry’s AUM had crossed the milestone of Rs.10 lakh crore for the first time in May 2014 and in a span of less than three years, the AUM size has reached close to Rs. 18 lakh crore. The industry has witnessed a net inflow of Rs. 30,273 crore during the month. Highest net inflow was seen in income/debt funds to the extent of Rs. 10,864 crore, followed by liquid/money market fund (Rs. 8,227 crore). Net inflow in the above categories stood at Rs. 28,588 crore and Rs. 10,541 crore, respectively, during Jan 2017. 

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