Passive mutual funds’ AUM touches ₹10 lakh crore with 17% market share, equity claims 88% of net inflows
The mutual fund industry in India has witnessed a seven-fold growth in the past 10 years with the assets under management (AUM) growing from ₹8.3 lakh crore in December 2013 to ₹61.2 lakh crore in June 2024, a Motilal Oswal report for the quarter ending June 30, 2024, has revealed. The report ‘Where the Money … Read more