Indian Mutual Fund Industry’s Average Assets Under Management (AAUM) stood at ₹ 46.94
Lakh Crore (INR 46.94 Trillion)
Average Assets Under Management
(AAUM) of
Indian Mutual Fund Industry for the month of August 2023 stood at ₹ 46,93,648
crore.
Assets Under Management (AUM) of
Indian Mutual Fund Industry as on August 31, 2023 stood at ₹ 46,63,480
crore.
The AUM of the Indian MF
Industry has grown from ₹7.66 trillion as on August 31, 2013 to ₹46.63 trillion as on August 31, 2023 more than 6 fold increase in a span of 10 years.
The MF Industry’s AUM has grown
from ₹ 25.20 trillion as on August 31, 2018 to ₹46.63 trillion as on
August 31, 2023, around 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
₹46.63 Trillion (₹ 46.63 Lakh Crore) as on August 31, 2023.
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 August
31, 2023 stood at 15.42 crore (154.2 million), while the
number of folios under Equity, Hybrid and Solution Oriented Schemes, wherein
the maximum investment is from retail segment stood at about 12.30 crore (123 million).
