Investors put Rs 32,600 cr in MFs in August

Investments in mutual funds slumped substantially in August, with the industry witnessing a net fund inflow of over Rs 32,600 crore, a 74 percent decline on a month-on-month basis.

MFs see 9% growth in assets; AUM breach Rs 7 lakh cr-mark

The mutual fund industry`s breached Rs seven lakh crore-mark in assets in August, with the country`s largest fund house Reliance MF maintaining its top position with an average AUM of over Rs 1.17 lakh crore.