The share of retail AUM in equity schemes, which stood at 55 per cent at the end of the financial year 2020-21 (FY21), has come down to 52.8 per cent in FY24, according to data from the Association of Mutual Funds in India (Amfi). The AUM in absolute terms has surged from 5.5 trillion to 12.4 trillion.
In the same period, the share of high net-worth (HNI) investors rose from 35.5 per cent to 38.3 per cent, with their AUM increasing from ₹3.6 trillion to ₹9 trillion.
Equity MF schemes have seen a surge in investors' interest in recent years amid a bull run in the equity market.
This story is from the June 20, 2024 edition of Business Standard.
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This story is from the June 20, 2024 edition of Business Standard.
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