AMFI: Mutual fund industry AUM size increased marginally by 1.38% MoM in Aug 2020
Sep 09 2020
News Category: Industry Update
According to data from AMFI, the mutual fund industry AUM size increased marginally by 1.38% MoM from Rs. 27.12 lakh crore to Rs. 27.49 lakh crore in Aug 2020. Over the year, the AUM size increased 7.92% from Rs. 25.48 lakh crore. The industry witnessed a net outflow of Rs. 14,553.11 crore during the month. Equity oriented schemes (including ELSS) category witnessed a net outflow of Rs. 4,028.23 crore compared with an inflow of Rs. 9,090.05 crore in the same period last year. Additionally, the same increased from the outflow of Rs. 3845.41 crore in Jul.