AUM Note for April 2021

Mutual fund assets rose ~3% on-month in April 2021 from ~1% on-month decline seen in March

The domestic mutual fund (MF) industry’s assets under management (AUM) rose ~3% on-month in April 2021, or a net ~Rs 95,000 crore, to a record Rs 32.38 lakh crore. That reverses the ~1% on-month decline seen in March. More than Rs 1 lakh crore (gross) flowed to open-ended debt funds; equity and hybrids also saw good interest..