MF Aums Shrink By 6.22% - Aug 05 , 2008

The industry registered AUMs of Rs 529340.49 crore in July 2008 as per the data released by the Association of Mutual Funds of India (AMFI). This data include AUMs of 33 mutual fund house excluding Taurus Mutual Fund. The AUMs plunged by 6.22% in July 2008 over June 2008- low AUMs are reflection of fallen equity markets. It was Rs 564453.63 in June 2008. The AUMs declined nearly 3.5% in July 2008 from January 2008 when the market had touched its highest mark of 21206.77.