|Top 5 Views|
|Axis Mutual Fund introduces switching facilit...|
|Axis MF launches Axis Equity Saver Fund|
|Edelweiss Mutual Fund announces dividend unde...|
|Religare Invesco appoints Nilesh Bharkhada as...|
|Tata Mutual Fund Announces Dividend under its...|
According to data from AMFI, the mutual fund industry AUM size witnessed a modest decline of 2.31% MoM from Rs. 27.49 lakh crore to Rs. 26.86 lakh crore in Sep 2020. Over the year, the AUM size increased 9.60% from Rs. 24.51 lakh crore. The industry witnessed a net outflow of Rs. 52,090.99 crore during the month. Maximum outflow is seen in income/debt-oriented schemes to the tune of Rs. 51,962.16 crore. Within the income/debt-oriented scheme category, liquid funds witnessed an outflow of Rs. 65,951.79 crore.