The pension assets under management (AUM) achieved a new milestone and crossed the Rs 6 lakh crore mark (Rs 6 trillion) under the National Pension System (NPS) and the Atal Pension Yojana (APY), after a gap of 13 years.
Pension Regulator PFRDA s Asset Under Management Crosses Rs 6 Lakh Crore Mark swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Ualá alcanzó el millón de inversores tynmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tynmagazine.com Daily Mail and Mail on Sunday newspapers.
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Equity MFs Log Rs 10,147 Cr Outflow In Dec, Industry Asset Base Surpasses Rs 31 Lakh Cr-Mark
The assets under management (AUM) of the mutual fund industry rose to an all-time high of Rs 31.02 lakh crore in December-end from Rs 30 lakh crore in November-end on inflow from debt funds.
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Equity mutual funds witnessed a massive outflow of Rs 10,147 crore in December, making it the sixth consecutive monthly withdrawal, even as the industry s asset base surged to an all-time high of over Rs 31 lakh crore.
However, investors put in Rs 13,863 crore in debt mutual funds last month as compared to Rs 44,984 crore in November, data from the Association of Mutual Funds in India (Amfi) showed on Friday.