Equity mutual funds' AUM decline after stock market corrects in May

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The fall in stock prices in May has eroded the assets under management (AUM) of many equity mutual fund (MF) categories. Domestic saw intense volatility last month amid headwinds like hawkish central banks, lockdowns in China, and the continuation of the war between Russia and Ukraine.

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First Published: Fri, June 03 2022. 22:27 IST

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