A concentrated peek in the past six months would recall all gleam and gloomy memories. But the targeted approach would be to celebrate the growth seen in the mutual fund industry, which has moved up by 25% from January till date.

This is done by building up assets worth over Rs4 trillion on the back of vigorous economic growth in the country and bullish sentiments in the stock market.

The assets of the 32 mutual funds in the country jumped up by 24.6% to Rs4, 00,842.12 crore in June as against Rs3, 21, 488.47 crore in December last year.

Within this period, fund houses have added Rs79, 353.65 crore to its their pool, the latest data from Association of Mutual Funds in India (AMFI) states. Reliance MF is the largest of the lot in the country with AUMs of Rs59, 857.01 crore till June.

The Anil Ambani owned group firm added over Rs22, 929.09 crore to its prosperity. Followed by this is ICICI Prudential, which rank second with AUM of Rs43, 613.75 crore as against Rs 33, 304.57 crore in December. This clearly reflects a growth of over 30% in just six months.

Sensex rose by nearly 105 points to scale yet another high of 14,900 points in early trade on 4 July. The rising curve is due to the sustained buying by funds in heavyweight stocks.

Sensex that had gained 142.25 points on 3 July gathered another 104.57 points in the initial five minutes of trading. Nifty also maintained an all-time peak by 28.90 points or 0.57% at 4,386.45.

Stock brokers saw most of indexed stocks in the positive zone with sizeable gains. Apparently, stocks of Vishal Retail are listed at Rs 472.50 and soared to Rs 775 as against the offered price of Rs 270.