MFs' Assets Under Management Surge By 41%
The New Indian Express Chennai|April 10, 2021
Reflecting the massive inflows of wealth into the Indian stock markets seen over the second half of the previous financial year 2020-21, Indian mutual funds recorded a massive 41 per cent year-on-year increase in their assets under management (AUM) for the full financial year.
MFs' Assets Under Management Surge By 41%

According to the industry data collated by Crisil Ratings, the MF industry’s AUM stood at ₹31.43 lakh crore at the end of FY21. The sharp increase comes even though this number registered a marginal 1 per cent decline in March 2021 after a renewed surge in Covid-19 cases increased investor pessimism and resulted in heightened market volatility.

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