Industry AUM came in at Rs. 21.26 lakh crore as on Mar 2018
Apr 06 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 came in at Rs. 21.36 lakh crore in Mar 2018 compared with Rs. 22.20 lakh crore in Feb 2018. Overall, outflow in mutual fund schemes stood at Rs. 50,752 crore in Mar compared with an inflow of Rs. 12,092 crore in the preceding month. Liquid funds saw maximum net outflow of Rs. 54,979 crore during the month followed by income funds, that saw net outflow of Rs. 13,719 crore during the period.