For asset management companies, large equity AUMs are a matter of prestige. Such schemes are in the spotlight and get the attention of the top management team. With inflows into domestic equity mutual fund schemes increasing through both lump sums and systematic investment plans (SIPs), seven schemes have crossed the Rs 10,000-crore mark.
These seven schemes put together account for Rs 97,300 crore, which is about 19% of the industry's equity assets.
