AUM Note for July 2021

Mutual fund assets reach fresh highs, cross Rs 35 lakh crore

The domestic mutual fund industry’s assets under management (AUM) gained for the fourth straight month in July to reach a fresh high of ~Rs 35.32 lakh crore, excluding domestic fund of funds (FoFs). Industry assets grew across the board with inflows in most categories, further aided by mark-to-market (MTM) gains in equity assets.