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HomeNewsBusinessStocksMarch AUM plunges to lowest since June 2009: CRISIL

March AUM plunges to lowest since June 2009: CRISIL

CRISIL Research has come out with its report on Mutual Fund month end AUM numbers released by AMFI for the month of March 2012. According to the research firm, the decline in mutual fund assets was due to sharp outflows of Rs 765 billion from liquid/money market funds.

April 11, 2012 / 14:33 IST

CRISIL Research has come out with its report on Mutual Fund month end AUM numbers released by AMFI for the month of March 2012. According to the research firm, the decline in mutual fund assets was due to sharp outflows of Rs 765 billion from liquid/money market funds. This was the highest net outflows witnessed by the category over the past 12 months.

According to the latest numbers released by the Association of Mutual Funds in India (AMFI), the mutual fund industry
first published: Apr 11, 2012 02:25 pm

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