The Mutual Fund industry recorded its highest ever total Assets Under Management (AUM) in October 2020.
The Industry AUM has grown leaps and bounds from Rs.6.46 trillion as on 31st Oct 2010 to reach Rs.28.23 trillion as on 31st Oct 2020.
Equity funds witnessed net outflow of Rs 2,725 crs in October, as against Rs.734 crs during the previous month.
Debt schemes and Corporate Bond Funds saw the biggest inflows in October in more than a year.
For all this and more such analysis do have a look at our report on Mutual Fund Flows – Oct 2020