TNPSC Thervupettagam

States with Maximum Average AUM

October 10 , 2018 2264 days 959 0
  • According to Association of Mutual Funds of India’s (AMFI) statistics, Maharashtra tops the chart for state with the maximum penetration and Assets Under Management (AUM).
  • It is followed by Delhi and Karnataka.
  • Also, as per August, average assets under management (AUM) of mutual funds rose to an all-time high of Rs 25.2 lakh crore across the country.

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