Advertisement
Active equity schemes in November saw their assets under management (AUM) surpass the Rs 20-trillion mark for the first time, bolstered by a buoyant market sentiment. The 8 per cent, or Rs 1.5 trillion, jump in AUM last month mirrored the growth observed in the Nifty 500 index.
There has been a 34 per cent (Rs 5.2 trillion) surge in the assets of active equity schemes since March-end, showed data from the Association of Mutual Funds in India (Amfi).
Gold Rate
Friday 17 Jan. 2025
Gold 24 KT
79,500 /-
Gold 22 KT
73,900 /-
Silver / Kg
91,400 /-
Platinum
44,000/-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above
This sharp uptick in AUM has been fuelled by a rally in the equity markets after March and a subsequent surge in inflows. In FY24 (until November 30), the key benchmark indices — Nifty50 and Sensex — registered gains of 15.7 per cent
Advertisement
