News From Press Children's MF AUM surge 142% over 5 years, rises 31% YoY: ICRA Analytics

Children's MF AUM surge 142% over 5 years, rises 31% YoY: ICRA Analytics

Source: Moneycontrol Jun 20, 2024

Assets Under Management of children's mutual funds saw a 142 percent rise over the last five years, stated ICRA Analytics. The AUM touched Rs 20,081.35 crore in May 2024 from Rs 8,285.59 crore in May 2019. On a year-on-year basis, the AUM increased by nearly 31 percent from Rs 15,375.40 crore in May 2023.

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