The share of corporates in the total assets under management (AUM) of mutual funds (MFs) dropped to below 40 per cent for the first time since 2009-10 (FY10).
Data sourced from the Centre for Monitoring Indian Economy by Fisdom Research reveals that companies accounted for 39.7 per cent of total MF AUM at the end of December 2022, against 41.2 per cent at the end of March 2022.