Mutual Funds' AUM logs highest jump in two years
PTI: New Delhi, Jan 28 2013, 16:22 IST
per cent in September 2012. The category also delivered 2.39 per cent absolute returns over the quarter," the report noted.
The report said across categories, small and mid-cap equity funds were the top performers in the quarter delivering a return of 8.06 per cent.
Overall, mutual funds industry's AUM stood at Rs 7.86 lakh crore at the end of December quarter, up from Rs 7.47 lakh crore in the previous three-month period.
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