 "MFs, mutual fund, fund houses, market")
Indian equity markets remained volatile in December due to a spike in Omicron cases in many countries. However, the assets under management (AUM) of key equity mutual fund (MF) categories have also seen a rise in December.
A few of the equity sub-categories like large-cap funds, flexi-cap funds, and mid-cap funds have seen a surge in AUM on a month-on-month basis in December, as investors continued to show faith, despite uncertainty in the markets. In the past one month, the S&P BSE Sensex was down 0.93 per cent.
G Pradeepkumar, chief executive officer, Union Asset Management Company, “It was a good month
