Average Assets Under Management (AAUM) of Indian Mutual Fund Industry for the month of December 2019 has crossed a landmark of ₹ 27 Lakh Crore and stood at ₹ 27,25,932 crore.

Assets Under Management (AUM) of Indian Mutual Fund Industry as on December 31, 2019 stood at ₹26,54,075 crore. 

The AUM of the Indian MF Industry has grown from ₹ 6.65 trillion as on 31st December, 2009 to ₹26.54 trillion as on 31st December, 2019, about 4 fold increase in a span of 10 years.

The MF Industry’s AUM has grown from ₹ 10.51 trillion as on 31st December, 2014 to ₹26.54 trillion as on 31st December, 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 ₹26.54 Trillion (₹ 26.54 Lakh Crore) as on 31st December, 2019.

The total number of accounts (or folios as per mutual fund parlance) as on December 31, 2019 stood at 8.71 crore (87.1 million), while the number of folios under Equity, Hybrid and Solution Oriented Schemes, wherein the maximum investment is from retail segment stood at 7.75 crore (77.5 million). This is 67th consecutive month witnessing rise in the no. of folios.