News From Press Equity mutual funds' AUM decline after stock market corrects in May

Equity mutual funds' AUM decline after stock market corrects in May

Source: Business Standard Jun 4, 2022

The fall in stock prices in May has eroded the assets under management (AUM) of many equity mutual fund (MF) categories. Domestic markets saw intense volatility last month amid headwinds like hawkish central banks, lockdowns in China, and the continuation of the war between Russia and Ukraine.

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