Quant Mutual Fund among 7 AMCs to receive over Rs 1,500 crore increase in AUM in May
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AUM increase
Around seven asset management companies (AMCs) saw an increase in their AUM by over Rs 1,500 crore in May. There are now 50 AMCs, of which 40 AMCs saw an increase in their AUMs. Here is a detailed breakup (Source: ACE MF)
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ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund saw a monthly increase of Rs 6,359 crore, with AUM at Rs 11.78 lakh crore in May, up from Rs 11.72 lakh crore in April.
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Motilal Oswal Mutual Fund
Motilal Oswal Mutual Fund saw a monthly increase of Rs 6,045 crore, with AUM at Rs 1.57 lakh crore in May, up from Rs 1.51 lakh crore in April.
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Quant Mutual Fund
Quant Mutual Fund saw a Rs 4,265 crore increase on a monthly basis, with AUM at Rs 98,266 crore in May, up from Rs 94,000 crore in April.
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Axis Mutual Fund
Axis Mutual Fund saw a monthly increase of Rs 3,276 crore, with AUM at Rs 3.77 lakh crore in May, up from Rs 3.74 lakh crore in April.
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Sundaram Mutual Fund
Sundaram Mutual Fund saw an increase of Rs 2,282 crore MoM and had an AUM of Rs 77,870 crore in May, up from Rs 75,588 crore in April.
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WhiteOak Mutual Fund
WhiteOak Mutual Fund saw an increase of Rs 1,699 crore on a monthly basis and had an AUM of Rs 38,202 crore in May compared to Rs 36,502 crore in April.
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Mirae Asset Mutual Fund
Mirae Asset Mutual Fund saw a monthly increase of Rs 1,656 crore, with AUM at Rs 2.31 lakh crore in May, up from Rs 2.29 lakh crore in April.