Mutual Funds asset base rises to Rs 12 lakh crore in 2014-15

Mumbai: The asset base of India’s mutual fund (MF) industry rose to almost Rs 12 trillion (US$ 192.91 billion) in 2014-15, with Indians pooling in about Rs 3 trillion (US$ 48.22 billion) during the year, according to data given by the Association of Mutual Funds of India.

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