It has been a few days since the mutual fund industry body Association of Mutual Funds of India (AMFI) released the latest data for June wherein it was concluded that the total assets spiked from ₹44.82 trillion in June 2023 to ₹61.33 trillion in June 2024, reflecting 36.83 percent increase in assets.
However, it is interesting to note that the share of equity-oriented schemes touched almost 60 percent – 59.6 percent to be precise – of the industry assets in June 2024. The corresponding data for June 2023 is 51.3 percent.
