The top 10 fund houses are gradually losing ground to their smaller peers, even as they continue to hold the lion’s share in the total assets under management (AUM) of the mutual fund (MF) industry
The largecap threshold now stands at Rs 67,000 crore, up from Rs 49,700 crore in June 2023. The midcap cut-off has risen to Rs 22,000 crore, compared to Rs 17,400 crore previously.
The asset under management of the gilt fund category as on November 30, 2023 stands at Rs 26,274.53 crore. The asset under management of the gilt fund category has surged by 60.90% in 2023, from Rs 16,329.91 crore in January to Rs 26,274.53 crore in November.