Equity mutual fund AUM jump by 23% in first half of 2024

Equity mutual funds' AUM rose 23% to Rs 27.67 lakh crore by June 2024. Sectoral/thematic funds grew 41%, multi-cap 30%, and large & mid-cap 26%. Mid cap funds rose 24%, value/contra 22%, focused 14%, ELSS 17%, and large cap 15%. Flexi cap funds rose 20% to Rs 4.01 lakh crore. This is not a recommendation.