AGRI: FARMER PROTESTT IN MUMBAI

(AUM) of the mutual fund industry fell by 0.9 per cent month- on-month (m- o-m) to touch ` 22,20,326 crore by February 2018. This is the third decline in the last six months – September saw a decline of 0.9 per cent and December saw a steep fall of 6.2 per cent. AUMs had reached an all-time high of ` 22, 79,032 crore in November 2017. AUMs of all mutual fund categories fell in February except for liquid/ money market fund – it grew 1.4 per cent. Gilt funds witnessed the sharpest decline of 12.8 per cent; other exchange-traded funds category declined 4.2 per cent and equity-linked savings schemes fell 2.4 per cent. For the other exchangetraded funds, this is the first m- o-m fall since August 2015.

ASSETS UNDER MANAGEMENT