Indian Mutual Fund industry’s Avg. Assets Under Management (AAUM) stood at ₹ 23.17 Lakh Crore (INR 23.17Trillion)
AverageAssets Under Management (AAUM)of Indian Mutual Fund Industry for the month of February 2018 stood at₹ 23.17 lakh crore. Assets Under Management (AUM)as on February 28, 2018 stood at ₹ 22.20 lakh crore.
The AUM of the Indian MF Industry has grown from ₹ 5.05 trillion as on 31st March 2008 to ₹22.20 trillion as on 28th February 2018, more than four fold increase in a span of about 10 years!!
The MF Industry’s AUM has grown from ₹7.01 trillion as on 31st March, 2013 to ₹22.20trillion as on 28th February 2018, more than three fold increase in a span of about 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 four years, the AUM size has increased more than two folds and stood at ₹22.20Trillion (₹ 22.20 Lakh Crore) as on 28th February 2018.
The total number of accounts (or folios as per mutual fund parlance) as on February 28, 2018 stood at 6.99 crore (69.9 million), while the number of folios under Equity, ELSS and Balanced schemes, wherein the maximum investment is from retail segment stood at 5.80 crore (58 million).