UTI MF leads AuM status at Aug end

Mumbai, Sep 5 (UNI) UTI Mutual Fund expanded its assets under management (AuM) to Rs 35,027 crore so as to tower the AuM of all the other fund houses at the end of August 2006, according to a data provided by Association of Mutual Funds in India (AMFI).

Besides, ICICI Prudential Mutual Fund, which had the highest AuM of Rs 31,431 crore as on July 31, 2006, slipped to the second position with Rs 34,118 crore as AuM at the end of August 2006.

Moreover, Reliance Mutual Fund maintained its third position and held AuM worth Rs 28,753 crore, while HDFC Mutual Fund held Rs 25,891 crore as AuM at the end of the month.

The combined assets under management of all the fund houses aggregated to 3,06,991 crore as on August 31, 2006.

However, the above figures exclude the AuM of Fund of the Fund schemes.

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