Mutual Funds' asset base touches all-time high of Rs 25 trn in August-end

The monthly rise in the asset base is mainly due to the industry body's investor awareness campaign and strong participation from retail investors, says Amfi chief executive N S Venkatesh

Mutual funds' asset base touched a record Rs 25 trillion in August-end, a surge of 8.41 per cent over the previous month, on the back of robust inflow in liquid funds and strong participation from retail investors.

According to Amfi data, the asset under management (AUM) of the industry, comprising 42 players, was Rs 23.06 trillion at the end of July.
 

The total asset base of all the fund houses put together was Rs 20.6 trillion in August last year.

The monthly rise in the asset base is mainly due to the industry body's investor awareness campaign and strong participation from retail