AAUM of mutual fund industry touched all time high of Rs. 22.61 lakh crore in Dec 2017
Jan 15 2018
News Category: Industry Update
According to the data from the Association of Mutual Funds in India, the average assets under management (AAUM) of the mutual fund industry touched an all-time high of Rs. 22.61 lakh crore in Dec 2017. The growth can be attributed to higher inflows in equity funds through SIPs and mark to market gains.