News From Press Equity MFs' assets triple in April-Oct

Equity MFs' assets triple in April-Oct

Source: The Economic Times Nov 8, 2017

Mutual funds continue to attract flows from investors with assets under management (AUM) of the industry rising Rs 51,148 crore in October to touch a new high of Rs 21. 41 lakh crore. As per data from the Association of Mutual funds of India (AMFI), equity-oriented mutual funds (including arbitrage funds), balanced funds and equity linked savings scheme (ELSS) funds saw inflows of Rs 21,900 crore in October. In September, these funds saw inflows of Rs 27,077 crore.

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