|
New
Delhi: Mutual fund investors have made domestic
mutual funds richer by Rs20,000 crore in assets in October
2005, thanks to spiral of the stock markets after the
decline in May this year.
This
takes the total assets under management (AuM) of the
country's 30 mutual fund houses have past Rs300,000
crore. According to the Association of mutul Funds of
India (AMFI), the total AuM for October was Rs3.09 lakh
crore as against Rs2.90 lakh crore in September.
-
UTI
Mutual Fund retained its top position with an AuM
of Rs37,789 crore, and an increase of about Rs3,000
crore
-
ICICI
Prudential Mutual Fund has also maintained its second
position with an AuM of Rs32,664 crore, (excludes
assets held under Fund of Funds schemes)
- Reliance
Mutual Fund continues to hold the third position with
AuM of Rs31,577 crore
- HDFC
Mutual Fund at fourth position with AuM of Rs27,552
crore
- Franklin
Templeton Mutual Fund with assets worth Rs 23,920 crore
was ranked fifth.
The
AuMs of nine mutual funds declined during the month. |