One impact of a sustained market rally is the motion of family financial savings into the inventory market. Coupled with a well-directed “Mutual funds sahi hai” marketing campaign, this meant sturdy retail inflows being funnelled into the market by way of mutual funds. And, because the property below administration (AUM) has swelled, which means extra revenues for asset administration corporations (AMCs), that in flip has meant funding consideration for listed AMCs.
Mutual fund AUM crossed Rs 49 trillion in November, up from Rs39 trillion in March with fairness AUM at 55 per cent (versus 51 per cent in March). Debt AUM is round 23 per
First Revealed: Dec 18 2023 | 9:13 PM IST
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