Assets Under Management (AUM) is a financial metric used in the investment industry to quantify the total market value of assets that an investment firm or fund manager oversees on behalf of clients. AUM is a crucial indicator of the size, scale, and success of an investment management business. AUM includes various types of assets, …
Recently, AMFI (Associations of Mutual Funds in India) published data signifying the average AUM (Assets under Management) per year in 2023. The distributor, which tops the list with aggregate Rs. 1.44 lakh crore AUM in the financial year 2022-2023 is the largest government bank in India, the SBI (State Bank of India). By calculation, the …
State Bank Tops the Distributor’s in AMFI FY 2022-2023 Read More »
Mutual Fund assets under management (AUM) increased to Rs. 41.50 lakh crore in April 2023, from Rs. 40.62 lakh crore in March, 2023. The growth in AUM was driven by a strong inflow of RS. 1.50 lakh crore in April, 2023. This was the highest monthly inflow in the last six months. The equity segment …
Mutual Fund Assets Cross RS. 41.50 Lakh Crore in April Read More »
