SBI Mutual Fund becomes India’s largest MF in Jan-Mar2 min read . Updated: 04 Apr 2020, 03:11 PM IST
- Industry average AUM grew to ₹27.02 trillion from ₹24.48 trillion during the reporting quarter
- IDFC Mutual Fund Mirae Asset Mutual Fund saw rapid growth in the year gone by
MUMBAI: SBI Mutual Fund has displaced HDFC Mutual Fund to become India’s largest fund house, according to quarterly average AUM data released by the Association of Mutual Funds of India (AMFI) for January-March.
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