Question

    Which of the following is the correct full form of AUM?

    A Assets under movement Correct Answer Incorrect Answer
    B Assets under management Correct Answer Incorrect Answer
    C Advance under management Correct Answer Incorrect Answer
    D Advance unreported by management Correct Answer Incorrect Answer
    E Advances unreported to members Correct Answer Incorrect Answer

    Solution

    AUM stands for Assets Under Management. It is the total market value of all the investments that a financial institution, fund manager, or entity manages for its clients. It is a key metric for evaluating the success and growth potential of a fund. 

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