Mutual fund industry AUM up 2.9 pct

May 05 2010, 15:40 IST
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SummaryAfter a dry March, the fund industry has a much better report for April.

After a dry March, the fund industry has a much better report for April.

The average monthly assets managed by domestic mutual funds rose 2.89 percent to Rs 7.7 trillion in April, data from the Association of Mutual Funds in India (AMFI) showed.

The assets had fallen 4.4 percent to Rs 7.5 trillion in March. The following table shows mutual funds' average assets in billions of rupees and growth over various time periods:

Top funds:

Reliance

ICICI Prudential

UTI

Birla Sun Life

SBI

Franklin Templeton

Kotak Mahindra

IDFC

Tata

DSP BlackRock

Sundaram BNP Paribas

Religare

Deutsche

Canara Robeco

JM Financial

Fidelity

PRINCIPAL

Fortis

HSBC

Baroda Pioneer

L&T

JPMorgan

Axis

Taurus

Morgan Stanley

Benchmark

ING

AIG Global Invest Group

Sahara

Bharti AXA

Peerless

Mirae Asset

Shinsei

Edelweiss

Escorts

Quantum

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