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Fund managers believe mutual funds, which are considered popular and convenient investment tools, have advocated asset allocation-based strategies to make the journey smoother for investors.

Top 10 MFs have 83 per cent of total AUM

The total AUM of top 10 fund houses out of total 44 asset management companies was Rs 21.48 lakh crore or 83.64 per cent...

5 Oct 2019 1:47 AM IST