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
Revenue from operations fell 7% to ₹404 crore during the quarter from ₹435 crore last year. The fund house s market share in total AUM fell marginally to 5.68% during the quarter from 5.98% a year ago.