MFs add ₹2.3L cr on mkt rally in Jun
The New Indian Express|July 10, 2024
DRIVEN by the continuous inflows in to equity funds, especially through SIPS route, overall assets under management (AUM) of mutual fund industry crossed the ₹60 lakh crore (₹60 trillion) milestone and touched ₹61.16 trillion in June, over ₹58.91 trillion in the previous month, on the back of a record 7% rally in the equity market.
MFs add ₹2.3L cr on mkt rally in Jun

As per the industry lobby Association of Mutual Funds (Amfi), this is for the first time that the AUM has risen past the 60-trillion mark and was led by the inflows via systematic investment plans rose to ₹21,262 crore in the reporting month as against ₹20,904 crore in April, thus crossing for the first time ₹20,000-crore landmark first.

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