Mutual Funds Industry Assets Breach Rs 50 Lakh Crore Mark For Maiden Time

2024 • 4min • News • Business


Published On: January 08, 2024 - The monthly net assets under management (AUM) of India’s mutual fund industry has crossed the Rs 50 lakh crore mark for the maiden time. The total AUM tally stood at Rs 50.78 lakh crore in December 2023, as per AMFI data. In addition, MF folios surged to an all-time high of Rs 16.49 crore. Join News9’s Shweta Kothari and Kartik Malhotra for more on this story.