News From Press Individual investors' share in mutual fund AUM surges 44% in a year; equity schemes find more takers, shows AMFI data

Individual investors' share in mutual fund AUM surges 44% in a year; equity schemes find more takers, shows AMFI data

Source: Mint May 17, 2024

Investment in mutual funds is growing month after month and year after year. Across the parameters and yardsticks, investors are putting more money in mutual funds.

Moreover, when it comes to investment by retail investors, this data is even more heartening.

Sample this: The total value of assets held by individual investors spiked 44 per cent in a year, rising from ₹23.92 lakh crore in April 2023 to ₹34.52 lakh crore in April 2024, revealed the data released by the Association of Mutual Funds in India (AMFI).

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