News From Press MF's AUM drops by Rs 21,000 cr to Rs 22.2 lakh cr in Feb

MF's AUM drops by Rs 21,000 cr to Rs 22.2 lakh cr in Feb

Source: The Economic Times Mar 10, 2018

The asset base of mutual fund (MF) industry declined by nearly Rs 21,000 crore to Rs 22.2 lakh crore at the end of February, mainly due to outflow from debt segment.

In comparison, the assets under management (AUM) of the MF industry, comprising 42 players, were at an all-time high of Rs 22.41 lakh crore at the end of January, as per the data of the Association of Mutual

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