Mutual Fund Industry AUM Crosses ₹75.6 Lakh Crore in September 2025; SIPs Hit Record ₹29,361 Crore Contribution

Mumbai, October 13: India’s mutual fund industry continued its robust growth in September 2025, with total assets under management (AUM) rising to ₹75,61,309.29 crore, according to the latest data released by the Association of Mutual Funds in India (AMFI). This marks an increase from ₹75,18,702.50 crore in August, underscoring the sector’s resilience and sustained investor confidence despite temporary outflows linked to advance tax payments. The industry’s average assets under management (AAUM) for September stood at a strong ₹77,77,801.70 crore, reflecting continued momentum across equity and debt categories.

The investor base also expanded significantly during the month, with total mutual fund folios crossing the 25-crore milestone. As of September 2025, the number of folios stood at 25,19,23,162, up by 30.13 lakh from the previous month’s 24,89,09,424. Retail participation remained the key growth driver, with retail mutual fund folios under equity, hybrid, and solution-oriented schemes rising to 19.80 crore from 19.64 crore in August. Correspondingly, retail AUM in these schemes stood at ₹44,61,239 crore, highlighting the growing role of individual investors in India’s mutual fund landscape.

September also marked the 55th consecutive month of positive equity inflows—a streak that began in March 2021. Inflows into growth and equity-oriented schemes touched ₹30,421.69 crore during the month, demonstrating investors’ continued faith in equities as a long-term wealth-building avenue. Despite intermittent market volatility, the inflow trend shows that retail investors are maintaining their focus on systematic and goal-based investment strategies.

Systematic Investment Plans (SIPs) continued to drive retail participation, achieving new highs across multiple parameters. The total SIP AUM reached ₹15,52,303 crore, accounting for 20.2 percent of the industry’s total assets. The monthly SIP contribution hit an all-time record of ₹29,360.66 crore, while the number of active SIP accounts climbed to 9.25 crore (9,25,21,155), underlining the widespread adoption of disciplined and automated investing across urban and semi-urban India.

The industry also saw fresh product expansion with the launch of nine new open-ended schemes across various categories in September, collectively mobilizing ₹1,959 crore. The new offerings highlight both investor appetite for diversification and the industry’s commitment to innovation in product design and risk-adjusted wealth creation.

Commenting on the industry’s performance, Venkat N. Chalasani, Chief Executive of AMFI, said that the mutual fund sector maintained its growth momentum in September, with total assets rising to ₹75.61 lakh crore despite temporary outflows linked to advance tax payments. “Equity funds witnessed positive inflows for the 55th consecutive month, reflecting investors’ confidence in equities as a long-term asset class. SIPs reached a new milestone with record monthly contribution of ₹29,361 crore and 9.25 crore active accounts, reaffirming retail investors’ growing preference for disciplined and systematic investing,” he said. He added that the addition of over 30 lakh new folios, taking the total beyond 25 crore, underscores the widening reach and trust in mutual funds as a key vehicle for wealth creation. “As an industry, we remain focused on deepening investor awareness and strengthening participation across India’s diverse investor base,” he noted.

With strong retail participation, record SIP inflows, and consistent equity fund growth, the mutual fund industry looks well-positioned to sustain its upward trajectory in the coming quarters. Market analysts believe that rising financial literacy, deeper digital penetration, and stable macroeconomic fundamentals will continue to fuel India’s mutual fund expansion, cementing its role as a central pillar of household financial planning and long-term wealth creation.