News From Press Are these top 5 MFs as per April-June average AUM part of your portfolio?

Are these top 5 MFs as per April-June average AUM part of your portfolio?

Source: Moneycontrol Jul 9, 2019

Average assets under management (AUM) for the 44-player mutual fund industry rose 4.16 percent, or Rs 1.02 lakh crore quarter-on-quarter, to Rs 25.49 lakh crore in Q1 (April-June) FY20, data from the Association of Mutual Funds in India (AMFI) shows.

In comparison, total AUM for the industry during January-March stood at Rs 24.48 lakh crore. In FY19, average AUM rose 6.12 percent year-on-year.

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1 Comment

Invest at ease · 5 years ago `

Data is misleading as markets ( large cap equity ) has moved up making impact on average aum with positive bias i do not think thats been adjusted. Reliance bcoz of its management issues has lost money especially UHNI and corporate

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