AMFI reports 1.2% rise in asset base for Jul 2019
Aug 08 2019
News Category: Regulatory Updates
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Association of Mutual Fund in India (AMFI) reported data for Jul 2019 with the asset under management (AUM) of the mutual fund industry improving 1.18% from Rs. 24.25 lakh crore in Jun 2019 to Rs. 24.54 lakh crore in Jul 2019. The industry registered net inflow of Rs. 0.87 lakh crore during the month, which was majorly due to strong inflows in liquid funds under debt-oriented schemes. Liquid funds accounted for an inflow of Rs. 0.45 lakh crore during the period.

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