Latest Multi-asset Allocation Funds News & Updates

Mumbai, June 10 (IANS) Equity mutual funds continued to attract strong investor interest in May, garnering net inflows of Rs 22,907.77 crore, according to data released by the Association of Mutual Funds in India (AMFI) on Wednesday.The mutual fund industry’s assets under management (AUM) stood at Rs 81.58 lakh crore, while the total number of folios rose to 27.65 crore, reflecting sustained retail participation in financial markets.Category-wise, flexi-cap funds emerged as the biggest contribut…