AMFI’s latest data shows that AAUM of the MF industry reached an all-time high of Rs18.58 lakh crore in March 2017.
“Average assets under management (AAUM) of the Indian mutual fund industry for the month of March 2017 has crossed a landmark of Rs18 lakh crore and stood at Rs18.58 lakh crore. The AUM as on March 30, 2017 stood at Rs17.55 lakh crore,” AMFI said.
While AAUM reflects the average assets of 30 days, AUM captures assets as on the last day of the month.
The AUM of the industry was Rs3.26 lakh crore as on 31st March 2007. This shows that there has been a five=fold increase in less than 10 years from Rs3.26 lakh crore to Rs17.55 lakh crore. In the last 5 years, the AUM has almost tripled, from Rs5.87 lakh crore as on 31st March 2012 to Rs17.55 lakh crore as on March 31, 2017.
The industry’s AUM had crossed the milestone of Rs10 lakh crore for the first time in May 2014, and in a short span of two years and 10 months, the AUM size crossed Rs17.55 lakh crore last month.
The total number of folios as on March 31, 2017 stood at 5.54 crore, while the number of folios under equity, ELSS and balanced schemes, wherein the maximum investment is from retail segment stood at 4.44 crore.
