AMFI reports rise in asset base for May 2019
Jun 10 2019
News Category: Industry Update
Association of Mutual Fund in India (AMFI) reported data for May 2019 with the asset under management (AUM) of the mutual fund industry growing 4.63% from Rs. 24.79 lakh crore in Apr 2019 to Rs. 25.94 lakh crore in May 2019. The industry’s net inflow was Rs. 0.77 lakh crore during the month. Liquid, money market, and equity-oriented schemes accounted for the most to the inflow.