Mutual funds’ assets hit all-time high in August
Assets under management (AUMs) of the mutual fund industry touched a fresh all-time high at ₹15.63 lakh crore in August, as per data released by the Association of Mutual Funds in India. The surge was mainly attributed to inflows in equity, balanced and debt funds. New inflows into mutual funds in August stood at ₹25,332 crore, the data stated. 