• CRISIL
• 12 Mar, 2019

The mutual fund industry’s average assets under management (AAUM) rose 3.6% in the fourth quarter of fiscal 2019 (Q4 FY19) to Rs 24.52 trillion as against a fall of 2.8% in the preceding quarter. However, fiscal year growth of 6% was the slowest in seven years. Debt funds were the biggest drag to industry growth this fiscal, as the category witnessed outflows of Rs 1.25 trillion during the period.
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