Industry AUM rises to Rs. 22.41 lakh crore during Jan 2018
Feb 07 2018
News Category: Industry Update
As per data from the Association of Mutual Funds in India (AMFI), the assets under management (AUM) of mutual fund industry rose to Rs. 22.41 lakh crore in Jan 2018 from Rs. 21.38 lakh crore in Dec 2017. Overall, inflow in mutual fund schemes stood at Rs. 1,06,159 crore in Jan as against an outflow of Rs. 1,75,023 crore in the preceding month. Liquid funds saw maximum inflow of Rs. 96,552 crore during the month. Equity and Equity Linked Saving Scheme (ELSS) saw an infusion of Rs. 15,390 crore. Meanwhile, income funds saw net outflow of Rs. 9,871 crore during the period.