The largest asset category of mutual funds as of 2012 was

Name: The largest asset category of mutual funds as of 2012 was
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According to the Investment Company Institute's 2012 Fact Book, corporate equities accounted for 48% of the assets under management by mutual funds, making it the largest asset category. Credit market instruments accounted for 14%, U.S. government securities accounted for 10%, corporate and foreign bonds accounted for 9%, and municipal securities accounted for 5%.

The Largest Asset Category of Mutual Funds as of 2012