This is mainly seen due to good inflow into liquid funds and modest equity numbers.
Mutual Funds assets under management (AUM) in the month of May was Rs 25.43 lakh crore a growth of 5% on month-on-month according to AMFI data. Net fresh flows of 77,000 crore was added in the mutual fund industry.
This is mainly seen due to good inflow into liquid funds and modest equity numbers.Himadri Buch does a 3 Point Analysis of the rise and positive direction of the mutual fund industryNot sure which mutual funds to buy? Download moneycontrol transact app to get personalised investment recommendations.