AMFI: AUM of equity-oriented schemes dropped 23.56% MoM to Rs. 6.03 lakh crore in Mar 2020
Apr 15 2020
News Category: Industry Update
According to data from AMFI, Asset Under Management (AUM) of equity-oriented schemes (including ELSS schemes) dropped 23.56% MoM from Rs.7.89 lakh crore in Feb 2020 to Rs. 6.03 lakh crore in Mar 2020. Further, the fund size of the category fell 28.22% from Rs. 8.40 lakh crore in the same period last fiscal. Concerns over the coronavirus pandemic continued to weigh on investor sentiments. During the month, equity category witnessed a net inflow of Rs. 11,485 crore, up from Rs. 10730 crore in the preceding month.