Indian Mutual Fund industry’s Average Assets Under Management (AAUM) stood at ₹ 26.33 Lakh Crore (INR 26.33 Trillion)
Under Management (AAUM)of
Indian Mutual Fund Industry for the month of October 2019 stood at ₹ 26,32,824 crore.
Assets Under Management (AUM)as
on October 31, 2019 stood at ₹26,13,666 crore.
The AUM of
the Indian MF Industry has grown from ₹ 7.75 trillion as on 31st
October, 2009 to ₹26.33 trillion as on 31st October, 2019, about 3½ fold
increase in a span of 10 years.
Industry’s AUM has grown from ₹ 10.96 trillion as on 31st October,
2014 to ₹26.33 trillion as on 31st October, 2019, 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 ₹26.33 Trillion (₹ 26.33
Lakh Crore) as on 31st October, 2019.
number of accounts (or folios as per mutual fund parlance) as on October 31,
2019 stood at 8.63 crore (86.3 million), while the number of folios under
Equity, Hybrid and Solution Oriented Schemes, wherein the maximum investment is
from retail segment stood at 7.71 crore (77.1 million). This is 65th consecutive month witnessing rise
in the no. of folios.