Mutual funds' asset base falls 8% to Rs 25 trillion in June quarter

AAUM of the industry, comprising 45 players, stood at Rs 24.82 trillion in April-June quarter 2020 as compared to Rs 27 trillion in the preceding quarter

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The asset base of the industry was Rs 25.5 trillion in the same period a year ago

Press Trust of India New Delhi

2 min read Last Updated : Jul 03 2020 | 4:00 PM IST

Mutual funds' asset base dropped eight per cent to nearly Rs 25 trillion in the quarter ended June 30, mainly due to outflow pressure in equity and debt categories.

Average asset under management (AAUM) of the industry, comprising 45 players, stood at Rs 24.82 trillion in April-June quarter 2020 as compared to Rs 27 trillion in the preceding quarter, according to a data by Association of Mutual Funds in India (Amfi).

The asset base of the industry was Rs 25.5 trillion in the same period a year ago.

The industry registered the decline of eight per cent on quarter-on-quarter basis as net inflows

Topics : Mutual Funds AUM mutual funds assets

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