Wednesday, November 20, 2024
15.1 C
Delhi

More than 50% of total MF AUM originates from merely 3 states


More than fifty p.c or 56 p.c of the general widespread funds properties underneath administration (MF AUM) originates from merely 3 states in India in response to AMFI September 2024 data. Maharashtra has the very best attainable AUM amongst all of the states, complied with by Delhi and Gujarat.

Maharashtra added Rs 27.49 lakh crore of the general MF AUM of Rs 67.09 lakh crore since September 2024. This was complied with by Delhi (Rs 5.49 lakh crore) and Gujarat (Rs 4.82 lakh crore).

Next highest attainable MF properties had been added by Karnataka with Rs 4.71 lakh crore and West Bengal with Rs 3.45 lakh crore.

Talking concerning fairness properties, Maharashtra acquired the very best attainable fairness properties within the nation of Rs 11.82 lakh crore or 43 p.c of its total properties from fairness funds.

Gujarat and Karnataka inhabited the next 2 locations with fairness AUM of Rs 3.47 lakh crore AUM and Rs 3.30 lakh crore, particularly.

Percentage good, Tripura noticed concerning 92 p.c of its total AUM originating from fairness funds. Behind it had been Jammu and Kashmir, Arunachal Pradesh and Andaman & & Nicobar Islands with 91 p.c of their properties originating from fairness funds. So, one can wrap up that many capitalists in these states wish to buy fairness.

As per AMFI data, basic fairness AUM stood at Rs 30.65 lakh crore in September 2024.

When it pertains to non-equity properties that embrace AUM of monetary obligation funds, international funds and gold ETFs, Maharashtra, New Delhi and Karnataka had been the leaders within the non-equity AUM classification.

Maharashtra had the very best attainable non-equity AUM of Rs 15.67 lakh crore. It acquired 57 p.c of its total properties from these funds.

New Delhi got here 2nd with non-equity AUM of Rs 2.36 lakh crore whereas Karnataka rounded off the main 3 with non-equity AUM of Rs 1.41 lakh crore.

Gujarat and Tamil Nadu had been following with non-equity AUM of Rs 1.35 lakh crore and Rs 1.04 lakh crore, particularly.

In regards to portion of non-equity properties to the general AUM, Maharashtra and New Delhi lined the guidelines with non-equity programs creating 57 p.c and 43 p.c of their AUM, particularly. Haryana was on the third place with 37 p.c of its AUM originating from non-equity properties.

Overall, non-equity AUM stood at Rs 36.53 lakh crore in response to AMFI data.

Let us check out the desk to acknowledge much more:



Source link

Hot this week

Swara Bhasker shares ‘Who is Fahad Ahmad’ as he competitions from Anushakti Nagar

Samajwadi Party chief and star Swara Bhasker‘s companion...

Have confidence that residents of Baramati will definitely make me triumphant, claims Ajit Pawar

Maharashtra Deputy Chief Minister and NCP prospect from...

Gold Rate Rises In India: Check 22 Carat Price In Your City On November 20 

Last Updated: November 20, 2024, 10:01 IST Gold Rate...

Direct Tax Collections Poised To Surpass Budget Target For 2024-25|Economy News

New Delhi: The Income Tax Department anticipates to...

Topics

Related Articles

Popular Categories

spot_imgspot_img