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Mutual funds’ AUM falls by 5% to Rs 22.85 lakh crore in Dec

Mutual Funds received Rs 8,233 crore through systematic investment plans (SIPs) from the retail investors in December 2018. The SIP inflows registered a growth of 3.10% over the preceding month. SIP inflows stood at Rs 7,985 crore in November. However, total asset under management (AUM)[1] of the industry declined by 5% to Rs 22.85 lakh crore in December as against Rs 24 lakh crore in November. 

Read More at The Economic Times News date : 8 Jan 2019, Tuesday

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