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Mutual funds add Rs 3 lakh crore to assets base in 2018, eyes more traction in new year

Updated : December 24, 2018 01:13 PM IST

The asset under management (AUM) of the industry rose by 13 per cent to Rs 24 lakh crore in 2018 by November-end itself, up from Rs 21.26 lakh crore at the end of December 2017, data available with the Association of Mutual Funds in India (Amfi) showed.
The investor count is also estimated to have grown by over 1.3 crore during the year.
Mutual funds add Rs 3 lakh crore to assets base in 2018, eyes more traction in new year
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