Mutual funds see steady inflow after AUM crossed Rs 50 lakh crore in FY24
Wed, Apr 17, 2024 3:54 PM

Mutual funds see steady inflow after AUM crossed Rs 50 lakh crore in FY24

A Flip by Shubhangi Gupta
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In FY24, the mutual fund industry surpassed the Rs 50 lakh crore mark in AUM. The net AUM of the industry grew by 35.5% to Rs 53.4 lakh crore in FY24.  The net inflow in the mutual fund industry reached Rs 3.55 lakh crore, an increase of 4.6 times compared to Rs 76,225 crore in the previous year. The total number of folios increased by almost 22% to 17.79 lakh crore in March 2024.

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