News From Press Small dip in state’s equity MF AUM after 18-month bull run

Small dip in state’s equity MF AUM after 18-month bull run

Source: TOI 2 hours ago

Ahmedabad: After an 18-month-long bull run, Gujarat's equity mutual fund (MF) assets under management (AUM) hit a speed bump in Oct and dropped marginally by Rs 2,027.4 crore (0.65%) against Sep. According to the Association of Mutual Funds in India (AMFI), equity AUM stood at Rs 3.10 lakh crore last month, down from a peak of Rs 3.12 lakh crore in Sep. The total AUM for mutual funds in Gujarat was Rs 4.82 lakh crore.

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