Mumbai: The AAUM of the mutual fund industry witnessed a marginal increase of 3.75 per cent to Rs. 7, 00,538 crore during January-March 2011 period compared to Rs. 6,75,285 crore during the October-December 2010 period, according to quarterly data published by AMFI.
DSP Blackrock MF witnessed the largest inflow of funds amounting to Rs. 9,109 crore during the FY 2011. The AAUM of the fund house increased 42 per cent to Rs. 30,600 crore as at March 2011 from Rs. 21,490 crore as at March 2010.
The other fund houses which witnessed large inflows in FY2011 were Axis MF, Franklin Templeton MF and SBI MF.
LIC MF witnessed the largest fall among all fund houses of Rs. 31,108 crore during FY 2011. The AAUM of the fund house declined drastically by 73 per cent to Rs. 11,195 crore as at March 2011 compared to Rs. 42,303 crore at the beginning of the year.
UTI saw the second largest decline with its AAUM eroding by Rs. 13,028 crore in this one year period.
