These MF Schemes Have Assets Over ₹ 10,000 cr Each
For asset management companies, large equity AUMs are a matter of prestige. Such schemes are in the spotlight and get the attention of the top management team. With inflows into domestic equity mutual fund schemes increasing through both lump sums and systematic investment plans (SIPs), seven schemes have crossed the 10,000-crore mark. These seven schemes put together account for 97,300 crore, which is about 19% of the industry’s equity assets. Financial planners say that in the Indian context, size has not been a deterrent for large- and multi-cap funds, but needs to be monitored while evaluating mid- and small-cap funds. takes a look at these seven funds whose assets have crossed 10,000 crore and have maintained a strong track record.
ET — Prashant Mahesh