AUM Sequential Growth Slows for Second Consecutive Month, Reaches Rs. 44.39 Lakh Crore in June 2023
In June 2023, the Assets Under Management (AUM) increased by 2.75% month-on-month, reaching Rs. 44.39 lakh crore compared to Rs. 43.20 lakh crore in May 2023. The monthly growth rate of AUM continued to slow for the second consecutive month, while the annual growth rate stood at 24.55%, the highest since January 2022.
Among open-ended schemes, Small Cap Fund showed the highest sequential gain, followed by Overnight Fund and Multi Asset Allocation Fund. Other ETFs and Liquid Fund maintained their positions as the categories with the highest AUM, like the previous month.
Open-ended Equity Oriented Schemes recorded the highest sequential growth of 5.24% in total AUM, while Debt Oriented Schemes witnessed a decline of 0.12%.
The Average Assets Under Management (AAUM) rose 3.4% monthly, though at a slower pace compared to the previous month, reaching Rs. 42.95 lakh crore. On a yearly basis, AAUM grew by 21.20%, the highest since January 2022.
?
领英推荐
Powered by?MFI360 Research. Please reach out to us with your suggestions at?[email protected]?
?
Disclaimer:
All information contained in this document has been obtained by ICRA Analytics Limited from sources believed by it to be accurate and reliable. Although reasonable care has been taken to ensure that the information herein is true, such information is provided ‘as is’ without any warranty of any kind, and ICRA Analytics Limited in particular, make no representation or warranty, express or implied, as to the accuracy, timeliness or completeness of any such information. All information contained herein must be construed solely as statements of opinion, and ICRA Analytics Limited shall not be liable for any losses incurred by users from any use of this document or its contents in any manner. Opinions expressed in this document are not the opinions of ICRA Analytics Limited’s holding company, ICRA Limited (ICRA), and should not be construed as any indication of credit rating or grading of ICRA for any instruments that have been issued or are to be issued by any entity. Readers are requested to?click here for visit?for ICRA Analytics Ltd disclaimer.