AUM Note for January 2021

Mutual fund AUM fell 1.7% in January

Indian mutual fund (MF) industry’s assets under management (AUM) dwindled ~Rs 52,345 crore or 1.7% from the record high of above Rs 31 lakh crore at the end of last year to Rs 30.50 lakh crore in January due to net outflows from liquid funds and equity-oriented mutual funds.