News From Press Passive Investing Booms: Mutual Funds cross Rs 10 lakh crore AUM

Passive Investing Booms: Mutual Funds cross Rs 10 lakh crore AUM

Source: ET Aug 22, 2024

India's asset management industry has witnessed a remarkable growth of over 7x in the last 10 years, with its assets under management (AUM) climbing to Rs 61.2 lakh crore in June 2024, from Rs 8.3 lakh crore as on December 2013, according to ‘Where the money flows’ study by Motilal Oswal Asset Management Company.

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