Equity AUM of domestic MFs rise for 11th consecutive year in India, net inflows surge

Mumbai, Jan 14 (Blitz India Business) Domestic mutual funds (MFs) saw their equity asset under management (AUM) rise for the 11th consecutive year to Rs 33.4 lakh crore (40 per cent year-on-year growth) in 2024, a report showed on Tuesday. The AUM growth was fuelled by an uptrend in market indices (Nifty 9 per cent…

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