Buoyant equity market pushes MF AUM near Rs 60 trillion in June quarter

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The sequential rise in the previous quarter stood at nearly 10 per cent.

The average AUM rose by 9 per cent, from Rs 54.1 trillion in the first three months of 2024 to Rs 59 trillion in April-June, according to data from the Association of Mutual Funds in India.

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Category: BusinessFinance

Markets: India

Topics: Asset under management Mutual fund Stock markets Equity market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-04 @ 21:40:44 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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