Mutual fund trends: Sectoral most in demand, hybrid funds’ assets under management (AUM) touches US$ 118.98 billion (Rs. 10 trillion)

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The mutual fund industry’s AUM surged to US$ 798.25 billion (Rs. 67,09,259 crore) in September, driven by equity and hybrid fund growth, despite declines in debt and cash assets, according to Axis …

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