What is AUM in mutual funds? Does it matter for mutual fund selection?

AUM or Asset Under Management is the total money pooled for investment. Though having more money for investment shows the confidence of investors in a mutual fund, money beyond a certain limit might be difficult to manage, as fund manager might find it difficult to have the same opportunitities as he/she had when the AUM … Continue reading What is AUM in mutual funds? Does it matter for mutual fund selection?