India’s mutual fund assets top record 57 trillion rupees in April, data shows
By Bharath Rajeswaran BENGALURU (Reuters) – Inflows into India’s equity mutual funds moderated in April, while net assets under management (AUM) surpassed 57 trillion rupees for the first time ever during the month. After taking nearly five decades to build the first 10 trillion rupees of AUM, the mutual fund industry needed only a year …
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