Bull run drives up assets of equity funds

 The sustained bull rally in the equity markets over the last six months has helped many fledgling equity mutual funds increase their size considerably as fresh inflows keep on coming from all classes of investors.

 A look at the growth in assets under management (AUM) of 33 open ended diversified equity growth schemes from April 30, 2003 to October 31, 2003, as posted by mutualfundsindia.com, shows that only two schemes