AMFI reports 0.9% decline in asset base for Feb 2019
Mar 08 2019
News Category: Industry Update
Association of Mutual Fund in India (AMFI) reported data for Feb 2019 with the asset under management (AUM) of the mutual fund industry declining 0.9% from Rs. 23.37 lakh crore in Jan 2019 to Rs. 23.16 lakh crore in Feb 2019. This was led by the net outflow of Rs. 0.25 lakh crore from liquid/money market schemes. The overall net outflow for the month stood at 0.20 lakh crore.