Indian Mutual Fund Industry’s Average Assets Under Management (AAUM) stood at ₹ 58.60 Lakh Crore (INR 58.60 Trillion)
Average Assets Under Management
(AAUM) of
Indian Mutual Fund Industry for the month of May 2024 stood at ₹ 58,59,951 crore.
Assets Under Management (AUM) of
Indian Mutual Fund Industry as on May 31, 2024 stood at ₹ 58,91,160 crore.
The AUM of the Indian MF
Industry has grown from ₹10.11 trillion as on May 31, 2014 to ₹58.91 trillion as on May 31, 2024 around 6 fold increase in a span of 10 years.
The MF Industry’s AUM has grown
from ₹ 25.94 trillion as on May 31, 2019 to ₹58.91 trillion as on
May 31, 2024, more than 2 fold increase in a span of 5
years.
The
Industry’s AUM had crossed the milestone of ₹10 Trillion (₹10
Lakh Crore) for the first time in May 2014 and in a short span of about three
years, the AUM size had increased more than two folds and crossed ₹ 20 trillion
(₹20 Lakh Crore) for the first time in August 2017. The AUM size crossed ₹ 30
trillion (₹30 Lakh Crore) for the first time in November 2020. The Industry AUM
stood at ₹58.91 Trillion (₹ 58.91 Lakh Crore) as on May 31, 2024.
The mutual
fund industry has crossed a milestone of 10 crore folios during the month of
May 2021.
The
total number of accounts (or folios as per mutual fund parlance) as on May
31, 2024 stood at 18.60 crore (186 million), while the
number of folios under Equity, Hybrid and Solution Oriented Schemes, wherein
the maximum investment is from retail segment stood at about 14.90 crore (149 million).
