Several small- and mid-sized mutual funds have seen robust asset growth in the past year on the back of stand-out returns and retail flows.
Mirae Asset Mutual Fund, Edelweiss MF, Canara Robeco MF, PPFAS MF, PGIM MF and Quant MF have clocked an AUM growth of 15-222% in the past year against the industry average of 5.4%, latest quarterly data from the Association of Mutual Funds in India (AMFI) shows.