Mutual funds AUM: Small towns added Rs 4.36 lakh cr to assets in Feb
Mutual funds AUM: In the last 12 months, B15 towns have witnessed AUM growth of 41.7 per cent or Rs 1.28 lakh crore to reach Rs 4.36 lakh crore at the end of February 2018 compared with Rs 3.08 lakh crore in the year-ago period, a report said. In February, the share of direct plans in B15 towns stood at 20.4 per cent against 45.6 per cent in top 15 cities
Mutual funds: AUM of the Indian mutual fund industry came in at Rs 22.20 lakh crore in February, down from Rs 22.41 lakh crore in January. Image source: Reuters