Around 136 out of 452 (or 31%) of the total equity mutual fund schemes manage less than Rs 100 crore assets. Around 23% of the total schemes have an AUM of less than Rs 50 crore. If we remove the new schemes launched in 2017 or later, we still have 96 schemes which have been there for a while and did not manage to scale up their AUM. In fact, some schemes that have been around for more than a decade figures in the list. Around 25 schemes are so tiny, they manage assets of less than Rs 10 crore. ..
