News From Press Mutual fund assets spike 40% in a year on equity-oriented schemes, higher retail participation: AMFI data

Mutual fund assets spike 40% in a year on equity-oriented schemes, higher retail participation: AMFI data

Source: Mint Sep 25, 2024

The assets managed by the mutual fund industry in the country rose by 40.70 per cent in the past one year, rising from ₹46.94 lakh crore in August 2023 to ₹66.04 lakh crore in August this year, the data released by the Association of Mutual Funds in India (AMFI) revealed.

This jump is noteworthy because it is attributable to an increase in retail investors' investment, particularly in equity schemes.

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