AUM(AssetsUnderManagement)
Mutual Funds
Definition
The total market value of all investments managed by a mutual fund house, PMS, or financial institution. AUM is an indicator of the size and scale of a fund house. Higher AUM can indicate investor trust but does not guarantee better returns.
Example
If a mutual fund scheme manages investments worth Rs 10,000 crore from all its investors, its AUM is Rs 10,000 crore.
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