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The Average asset under management (AAUM) of the domestic mutual fund industry has increased by 1.42 per cent on a monthly basis to INR 32.29 lakh crs for the month of February 2021.

February 2021 became the eighth month when the equity-dedicated funds witnessed a net outflow. These outflows were to the tune of  INR 10,468 crore in February 2021 as against an outflow of  INR 9,253 crore in the preceding month.

Inflows via the systematic investment plan (SIP) went through a sharp decline.

Liquid and Money Market Funds were the only two categories that saw significant inflows in the debt category, whereas Short Duration and Corporate Bond Funds witnessed major outflows.

For all these and more such interesting snippets please go through our “Mutual Fund Flows-February 2021”. 

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