Mutual fund industry records Rs 24,000 crore drop in AUM in 3 days
Updated : April 30, 2020 10:41 AM IST
Among the 16 categories, credit risk funds lost 18.7 percent AUM on average.
The credit risk category has consistently seen outflows for the last 1 year and experts feel this trend is likely to continue.
Some of the AUM changes could be on account of valuation changes, say experts.