AMFI: Industry AUM rose 1.15% to Rs. 22.86 crore in Jun
Jul 06 2018
News Category: Industry Update
According to the data from the Association of Mutual Funds in India (AMFI), the assets under management (AUM) of mutual fund industry came in at Rs. 22.86 lakh crore in June 2018 from Rs. 22.60 lakh crore in May 2018, registering a growth of 1.15%. Overall, net inflow in mutual fund schemes stood at Rs. 46,475 crore in June while there was a net outflow of Rs. 50,000 crore in the preceding month. Liquid funds saw maximum net inflow of Rs. 52,104 crore during the month followed by equity schemes (excluding arbitrage funds) that witnessed net inflow of Rs. 8,794 crore.