Mutual Fund flow weakens in Dec 2018
Jan 09 2019
News Category: Industry Update
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According to media reports, mutual fund inflow slumped and hit a 30-month low in Dec 2018 amid market volatility, global uncertainty and the approaching elections. Liquid funds saw a net outflow of Rs. 1.49 lakh crore, while equity funds witnessed an inflow of Rs. 6,651 crore (the lowest in 2018) during the month. The total asset under management (AUM) declined to Rs. 22.86 lakh crore in Dec 2018 compared with Rs. 24.03 lakh crore in Nov 2018.

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