Average Assets Under Management (AAUM) of Indian Mutual Fund Industry for the month of June 2021 stood at ₹ 34.10 lakhs crs, an increase of around 3.3%.
Equity funds witnessed inflows of INR 5.98k crores. Arbitrage Funds, Balanced Advantage Funds and ETFs were the biggest gainers.
Debt Funds saw inflows of INR 3.5k Crs with flows largely into Floater and Low Duration Funds. Money Market and Ultra Short Funds were the big losers here.
SBI AMC continued its reign over the top spot both in terms of Average AUM and absolute increase in AUM over the quarter.