The mutual fund industry recorded total assets under management (AUM) of Rs 27.1 lakh crore in July, higher than Rs 25.5 lakh crore in June.
ETF inflows saw a rise in July at Rs 13,125.6 crore against Rs 4,093 crore in the previous month, data released by the Association of Mutual Funds in India (AMFI) shows.
In July, hybrid fund outflows were at Rs 7,302 crore compared with Rs 355.8 crore seen in June.Liquid fund inflows stood at Rs 14,055 crore in July as against Rs 44,226.2 crore outflow month-on-month.
The mutual fund industry recorded total assets under management (AUM) of Rs 27.1 lakh crore in July, higher than Rs 25.5 lakh crore in June.
(This is a developing story. Please check back for updates.)
First Published on Aug 10, 2020 11:49 am