News From Press Robust equity inflows likely to keep earnings growth strong for AMCs

Robust equity inflows likely to keep earnings growth strong for AMCs

Source: Business Standard Sep 17, 2024

The mutual fund industry’s QAAUM (Quarterly Average Assets Under Management) was up 37 per cent year-on-year (Y-o-Y) (9 per cent Q-o-Q) to hit Rs 59 trillion (end Q1FY25). The equity segment grew 55 per cent Y-o-Y and equity formed 56 per cent of total AUM, up 49 per cent in Q1FY24.

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