Average Assets Under Management (AAUM) of Indian Mutual Fund Industry for the month of January 2020 has crossed a landmark of ₹ 28 Lakh Crore and stood at ₹ 28,18,814 crore.

Assets Under Management (AUM) of Indian Mutual Fund Industry as on January 31, 2020 are at all time high and stood at ₹27,85,804 crore. 

The AUM of the Indian MF Industry has grown from ₹ 7.59 trillion as on 31st January, 2010 to ₹27.86 trillion as on 31st January, 2020 more than 3½ fold increase in a span of 10 years.

The MF Industry’s AUM has grown from ₹ 11.81 trillion as on 31st January, 2015 to ₹27.86 trillion as on 31st January, 2020, about 2 ½ 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 Industry AUM stood at ₹27.86 Trillion (₹ 27.86 Lakh Crore) as on 31st January, 2020.

The total number of accounts (or folios as per mutual fund parlance) as on January 31, 2020 stood at 8.85 crore (88.5 million), while the number of folios under Equity, Hybrid and Solution Oriented Schemes, wherein the maximum investment is from retail segment stood at 7.80 crore (78 million). This is 68th consecutive month witnessing rise in the no. of folios.