 "mutual fund, equity mutual fund")
Mutual funds’ (MFs’) equity assets under management (AUM) have crossed the ₹50 trillion mark for the first time, driven by steady inflows and a buoyant equity market. At the end of October, equity assets stood at ₹50.6 trillion, doubling in a little over two years.
The milestone underscores MFs’ standing as the most preferred route for equity market participation. The surge in MF ownership has come on the back of a growing investor base and the reliability of systematic investment plans (SIPs).
“The milestone shows how MFs have become one of the most trusted and efficient ways for households to
