Equity assets under management (AUM) as a percentage of India's market capitalisation (m-cap) hit an all-time high of 5.4 per cent in May.
The proportion of assets of equity funds (including equity linked savings schemes or ELSS and arbitrage funds) to the total m-cap have increased 0.8 per cent in the last one year. It has gone up by 0.2 per cent in the last one month alone. The ratio has been ruling consistently above the 5 per cent mark since November last year. After rising by 6.7 p ..