BusinessPhoto: News18Hi BusinessMutual Fund AUM Drops to ₹4.4 Lakh Crore Despite Record Investments
In September, equity mutual funds saw strong investments, yet the mutual fund industry's Asset Under Management (AUM) declined to ₹4.4 lakh crore. Experts attribute this drop to two main reasons, including institutional money returning from liquid funds. They expect AUM to rebound sharply once the stock market stabilizes and institutional funds flow back.
News18Hi Business·