What is Assets Under Management in Mutual Funds? Assets under management (AUM) is the total market value of the investments that are held by the Mutual Fund. In simple terms, it is the money that the mutual fund is handling for their clients/investors. For example, if an investor has inv...
If one is positive and the other is negative, whichever is bigger in quantum will drive the AUM change. Importance of AUM in Mutual Funds Here are some of the key reasons why assets under management are so important: Reflects the size and scale of a fund: The AUM of a mutual fund is...
Learn what assets under management (AUM) is and how it's calculated. Also discover the different factors that influence AUM and more. Click here.
Capital markets regulator SEBI (Securities Exchange Board of India) has ceiling limits for the expense ratio in mutual fund schemes. They have put in various slabs based on AUM (Assets Under Management) for all open-ended equity-oriented mutual funds. ...
1. ICICI Prudential Value Discovery Fund Direct (G) ICICI Prudential Value Discovery Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 11.1%, a 3 Years return of 19.1% and a 5 Years return of 30.6%. The fund has an expense ratio of 1.1% and an AUM of ₹...
Knowing Assets Under Management (AUM) is important because it refers to how much money an investment company controls and can invest.
Ways/modes of Mutual Fund Investment An investor can invest in mutual funds in the following ways: Lumpsum: When you want to invest a significant amount in a mutual fund in one go. For example, if you had a sum of Rs 1 lakh to invest, then you could go for a lump sum investment ...
Currency ETFs are available to track most of the world’s largest global currencies. Ten of the largest currency ETFs byassets under management (AUM), as of December 2023, include the following:7 ProShares Bitcoin Strategy ETF (BITO)
Three insurance industry ETFs are available to investors as of October 2023, according to VettaFi. The biggest of the bunch, the SPDR S&P Insurance ETF (KIE), has roughly $585 million inassets under management(AUM).12 KIE’s goal is to track the performance of the S&P Insurance Select Ind...
You must always check the track record of the companies the scheme invests in before taking a final decision. Blue-chip funds with significant Assets Under Management (AUM) are considered more favourable. Fund Managers’ Credentials Check fund managers’ cre...