News From Press Mutual Fund pecking order just changed, ICICI Pru MF pips HDFC MF to 2nd spot

Mutual Fund pecking order just changed, ICICI Pru MF pips HDFC MF to 2nd spot

Source: ET May 14, 2021

he pecking order has just changed in the mutual fund industry. ICICI Prudential Mutual Fund has pipped HDFC Mutual Fund as the second largest fund house in terms of asset under management (AUM).

ICICI Pru MF recorded an AUM of Rs 4.13 lakh crore at the end of April against HDFC MF's Rs 4.08 lakh crore. SBI Mutual Fund continued to be the chart topper with an AUM of Rs 5.04 lakh crore.

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