SBI Mutual Fund among 6 AMCs with over Rs 7,000 crore AUM jump in June. Check details

Around six asset management companies (AMCs) saw an increase of Rs 7,000 crore in their respective AUMs. Here is a detailed breakdown. (Source: ACE MF)

SBI Mutual Fund saw the highest increase in the AUM by Rs 14,192 crore on a monthly basis, taking the total AUM to Rs 12.94 lakh crore in June against Rs 12.80 lakh crore in the previous month.

Aditya Birla Sun Life Mutual Fund's AUM rose by Rs 11,545 crore month-on-month to Rs 4.29 lakh crore in June, up from Rs 4.18 lakh crore in May.

The firm saw an increase in the AUM by Rs 7,922 crore on a monthly basis, taking the total AUM to Rs 9.63 lakh crore in June against Rs 9.56 lakh crore in the previous month.

Invesco Mutual Fund's AUM rose by Rs 7,579 crore month-on-month to Rs 1.52 lakh crore in June, up from Rs 1.45 lakh crore in May.

Nippon India Mutual Fund saw an increase in the AUM by Rs 7,411 crore on a monthly basis, bringing the total AUM to Rs 7.72 lakh crore in June against Rs 7.65 lakh crore in the previous month.

It saw an increase in the AUM by Rs 7,108 crore on a monthly basis, taking the total AUM to Rs 1.49 lakh crore in June against Rs 1.42 lakh crore in the previous month.