Mutual Fund Monthly Commentary: Highlights by IDBI Capital
AUM of the mutual fund industry decreased by 1.69% MoM (Rs 52345 cr) to Rs 30.5 Lakh cr in Jan 2021. On YoY basis, the total AUM of Mutual Fund increased by 9.49%. Average AUM (AAUM) of the Mutual Fund industry increased by 2.8% MoM. On YoY basis, the Total AAUM increased by 13%. In Jan 2021 net outflow from for the industry was at Rs 35587 cr as against net inflow of Rs 2968 cr in Dec 2020.
AUM of Income/Debt funds decreased by 2.07% MoM basis; these categories witnessed net outflow of Rs 33502 cr in Jan 2021: Reuters