Hello, Great article,pretty informative containing elaborate detail on basic terms in the mutual fund market. I hope you come up with more of these articles. Regards,
RE:Excellent article
by Sankar on Jan 02, 2007 11:03 PM Permalink
Is AUM is something similar to Market Capitalisation for Equity. Is n't AUM=Sum total of NAV for all the investments on that particular MF? Please clarify.
RE:RE:Excellent article
by Rajesh S on Feb 22, 2007 02:09 PM Permalink
Assets Under Management (AUM) is the total value of all the investments currently being managed by the fund. For Instance, let's say the corpus is Rs 18 Crores, but, due to a rise in the price of the shares it has invested in, the value of the units has increased. So the Rs 18 Crores invested is now worth Rs 21 Crores. This figure is referred to as AUM.
Check out "Mutual Funds" post in ICHP Forum. Will be very useful.
