Mutual fund asset base crosses â¹25 lakh crore for first time
The assets under management of India's mutual fund industry have crossed the â¹25 lakh crore mark for the first time to touch â¹25.2 lakh crore in August. The industry witnessed a high inflow of â¹1.75 lakh crore last month. The total asset base of all the fund houses put together was â¹20.6 lakh crore in August last year.