Mutual Fund pecking order just changed, ICICI Pru MF pips HDFC MF to 2nd spot

In the hybrid fund category, the fund house has been constantly focusing on the need to adhere to asset allocation in a volatile market for more than 10 years now. The fund house's total AUM as of March 31 rose to Rs 32.38 lakh crore from Rs 31.42 lakh crore, thanks to a net inflow of Rs 92,906.45 crore. The rise in AUM was largely due to massive inflows to debt schemes.

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