The mutual fund industry has recorded absolute asset growth of ₹6.70 lakh crore in calendar 2021, shattering the previous records of ₹4.80 lakh crore registered in 2017 and ₹4.5 lakh crore in 2020, according to a Crisil Research report. Absolute asset gain is the AUM difference in last two years minus the net inflow.
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