Indian Mutual Fund industry’s Avg. Assets Under Management (AAUM) are at all time high ! - ₹ 19.47 Lakh Crore (INR 19.47 Trillion)
Average Assets Under Management (AAUM) of Indian Mutual Fund Industry for the month of May 2017 stood at ₹ 19.47 lakh crore. Assets Under Management (AUM) as on May 31, 2017 stood at ₹19.04 lakh crore
The AUM of the Indian MF Industry has grown from ₹ 3.26 trillion as on 31st March 2007 to ₹ 19.04 trillion as on 31st May, 2017, about six-fold increase in a span of 10 years !!
The MF Industry’s AUM has grown from ₹ 5.87 trillion as on 31st March, 2012 to ₹ 19.04 trillion as on 31st May, 2017, more than three-fold increase in a span of 5 years !!
The Industry’s AUM had crossed the milestone of ₹10 Trillion (₹10 Lakh Crore) for the first time in May 2014 and in a short span of less than three years, the AUM size has crossed ₹19.04 lakh crore last month, almost doubled.
The total number of accounts (or folios as per mutual fund parlance) as on May 31, 2017 stood at 5.72 crore (57.2 million), while the number of folios under Equity, ELSS and Balanced schemes, wherein the maximum investment is from retail segment stood at 4.60 crore (46 million).