December 10, 2024 4:04 PM

Indian mutual fund industry’s AUM crosses ₹68.08 lakh crore in November

The assets under management (AUM) of mutual funds in India climbed to ₹68.08 lakh crore in November, marking an increase from ₹67.25 lakh crore in October, as reported by the Association for Mutual Funds in India (AMFI). Active equity schemes contributed ₹30.35 lakh crore to this total, accounting for 44.5% of the industry's overall AUM. Systematic Investment Plans (SIPs) saw investments of ₹25,320 crore in November, maintaining consistency with October’s figures of ₹25,323 crore. T...