Average assets under management (AUM) for October-December quarter has declined 5.31% to Rs 6,753.76 billion for October-December quarter against Rs 7,132.81 billion in September quarter as per the data released by the Association of Mutual Funds in India (AMFI).

This is the first time that the mutual fund industry is disclosing their AUM data on an quarterly basis. Till September the MFs used to disclose AUMs on a monthly basis.