AMFI: More than 16% of the assets of the mutual fund industry came from B30 locations in June 2021.
Jul 22 2021
News Category: Industry Update
According to AMFI data, more than 16% of the assets of the mutual fund industry came from B30 locations in June 2021. Assets from B30 locations increased from 5.33 lakh crore in May 2021 to 5.56 lakh crore in June 2021, representing an increase of 4%. Assets from B30 increased from 4.01 lakh crore in June 2020 to 5.56 lakh crore in June 2021, representing an increase of 39%. Moreover, 70% of the assets from B30 locations are in equity schemes in June 2021. For T30 locations, equity-oriented schemes accounted for 40% of assets in June 2021.
