MF folio addition hit a record high in August on small cap boom
The small cap funds have received an inflow of Rs 26,305 crore this year so far, 28% of the total inflow and the highest among all equity fund categories. As a result, the assets under management (AUM) of the small cap funds rose by 61% year-on-year to Rs 1.9 lakh crore at the end of August while the overall equity MF AUM grew by 25% to Rs 18.59 lakh crore.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
