AMFI reports 3.8% decline in asset base for Sep 2019
Nov 08 2019
News Category: Industry Update
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Association of Mutual Fund in India (AMFI) reported data for Oct 2019 with the asset under management (AUM) of the mutual fund industry improved 7.4% from Rs. 24.51 lakh crore in Sep 2019 to Rs. 26.33 lakh crore in Oct 2019. The industry registered net inflow of Rs. 1.34 lakh crore during the month, which was majorly due to massive inflows from liquid funds under debt-oriented schemes. Liquid funds accounted for an inflow of Rs. 0.93 lakh crore during the period.

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