Over the last five months, domestic funds made net investments of more than ₹20,000 crore each month, with the highest monthly investment of ₹48,099 crore in May.
Synopsis
Mutual funds’ share rose by 224 basis points in total assets under management (AUM) of institutional investors – the largest increase among institutional investors. The value of domestic funds’ equity portfolios, spanning equity-related exposures such as equity funds, balanced funds, arbitrage funds, ETFs, and index funds surged 59% year-on-year to a record ₹42.57 lakh crore last month.
ET Intelligence Group: The share of mutual funds in total equity assets under management (AUM) of institutional investors reached 21.02% in July, showed NSDL data, underscoring the growing significance of local funds.Mutual funds’ share rose by 224 basis points in total assets under management (AUM) of institutional investors – the largest increase among institutional investors. The value of domestic funds’ equity portfolios, spanning
BY
ET Bureau
2 mins read, Last Updated:
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