March Mutual Fund Report: IDBI Capital
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Assets under management of the mutual fund industry fell 0.67% month on month (Rs 21,350 crore) to Rs 31.42 lakh crore in March 2021.
Income / Debt Fund AUMs decreased by 3.12% MoM and 5.1% QoQ basis; this category saw a net outflow of Rs 51,571 crore in March 2021.
The AUM of equity-based plans increased by 1.47% MoM (Rs 14,478 crore) to Rs 10.01 lakh crore in March 2021.
The AUM of hybrid systems increased by 1.4% (Rs 4,742 crore) to Rs 3.43 lakh crore in March 2021.
AUM of Gold ETF rose 0.15% MoM; Furthermore, its recorded net inflow of Rs 662 crore.
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