Losing 10 News
Mutual funds lose 10% assets in 2010-11
The domestic mutual fund industry lost over 10 per cent of its assets during the financial year ended March 2011. Put together, the five leading fund houses alone saw assets dip by over seven per cent. Assets grew by 52 per cent last year. According to the Association of Mutual Funds in India (Amfi), the industry’s average asset under management (AAUM) stood at Rs 6,58,914 crore (SBI MF did not declare
Losing 10 Galleries
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