Top mutual fund AUM surge 45% in 2023 – What’s driving the fund flow
Tue, Feb 27, 2024 1:48 PM

Top mutual fund AUM surge 45% in 2023 – What’s driving the fund flow

A Flip by Riya Sharma
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The Indian equity bull run of 2023 has significantly bolstered the fortunes of major asset management companies (AMCs), propelling average equity assets under management (AUM) to an impressive 45% year-on-year growth for large players or funds with over 1 lakh crore average AUM. Topping the list with a staggering 57% growth in total average AUM is the Tata fund house, closely followed by Nippon.

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