AUM Note for February 2021

Mutual fund assets touch record high in February

Indian mutual fund industry’s assets under management (AUM) breached the Rs 31.5 lakh crore mark for the first time, settling 3.7% higher at Rs 31.6 lakh crore at end-February. Inflows in the open-ended debt and hybrid categories, coupled with mark-to-market gains in the domestic equity market, were the main factor contributing to the rise in the asset base.