Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Top Hybrid Mutual Funds with Highest SIP Returns: Rs 20,000 monthly investment in No. 1 fund has grown to Rs 20.68 in just 5 years
    • NFO ongoing: Balancing growth and stability with Bajaj Finserv Equity Savings Fund
    • Clark posts over P1B in investments from Jan-July
    • You Can Now Use Your HSA/FSA Funds To Shop For Skincare At Dermstore
    • ETFs to Buy as Microsoft Nears $4T Mark Post Blowout Q4 Earnings
    • Get SIX bottles of wine for $100 off with free shipping: Savor every sip of the world’s best wines delivered right to your doorstep
    • The Sip Scene: Bare Roots’ Blue Hawaii
    • Ethereum ETFs, Treasury Companies Now Hold Over $32B In ETH: Here’s What’s Driving The Frenzy
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Mutual Funds»Mutual fund AUM to surpass Rs 100 lakh crore mark in 2-3 years: ICRA
    Mutual Funds

    Mutual fund AUM to surpass Rs 100 lakh crore mark in 2-3 years: ICRA

    July 19, 2024


    The Indian mutual fund industry, which has witnessed over five-fold growth in Assets under Management (AUM) in the last ten years, is well on track to surpass the Rs 100 lakh crore AUM mark in the next two-to-three years, according to ICRA Analytics.The industry’s AUM, which had crossed the Rs 50 lakh crore mark for the first time in December 2023, has surpassed Rs 60 lakh crore in a span of just six months and stood at Rs 61.16 lakh crore as on June 2024.

    The net AUM increased by nearly 38% to touch Rs 61.16 lakh crore in June 2024, up from Rs 44.39 lakh crore in June 2023. On a month-on-month basis, the net AUM increased by nearly 4% from Rs 58.91 lakh crore in May 2024. The industry’s AUM has grown by around 527% over the past decade from Rs 9.75 lakh crore in June 2014 to Rs 61.16 lakh crore in June 2024.


    “The resilience of the Indian financial market and improved growth prospects of the Indian economy is boosting investor confidence leading to increased participation of retail investors. This is auguring well for the mutual fund industry, which has been witnessing a robust growth in inflows and a surge in contribution through the SIP route,” said Ashwini Kumar, Senior Vice President and Head Market Data, ICRA Analytics.

    “India is in a bright spot in the global economy. Reformatory measures adopted by the Indian government and strong macroeconomic fundamentals bores well for the Indian economy and the Indian mutual fund industry. Market regulator SEBI has adopted a slew of measures which has improved the transparency and accountability of the mutual fund industry. This, in turn, has helped boost investor confidence leading to increased participation,” Kumar added.

    Invest and Earn on ET Money – Get up to 9.5% p.a. returns


    The total SIP contribution for the first half of 2024 surpassed Rs 1 lakh crore level and stood at Rs 1.20 lakh crore. The monthly SIP contribution has continued to remain above Rs 20,000 crore for the third consecutive month and rose to a new high of Rs 21,262 crore in June 2024. The SIP contribution increased by nearly 44% on a year-on-year basis.

    “The advantage of rupee cost averaging and the ability to invest in a disciplined manner without worrying about market volatility are some of the key reasons for the growing popularity of SIPs as an investment vehicle. Mutual funds has been able to gain trust as an effective and efficient wealth appreciation and preservation tool. This coupled with the improving distribution network, digital innovation and investor education initiatives has helped attract inflows into the industry,” Kumar added.

    The equity mutual funds witnessed a whopping 370% rise in inflows at Rs 40,608.19 crore in June 2024 against Rs 8,637.49 crore in June 2023. Around 55% of the inflows came from sectoral/thematic funds, which saw inflows to the tune of Rs 22,352 crore in June 2024. This is a sharp surge as compared to inflows of around Rs 459 crore in June 2023.

    The sectoral/thematic funds come with a bias as they are inclined towards a theme or sector. In case the concerned sector/theme experiences some headwinds, then the entire fund may start to underperform as they have high exposure to a particular sector. This is in stark contrast to a diversified fund as it has exposure to multiple sectors and is well insulated from such sectoral shocks even though not completely immune to it.

    “So before investing in sectoral/thematic funds, an investor should have a good understanding of the sector. It is also important to monitor the sector on a continuous basis and rebalance their portfolios regularly basis market developments,” Kumar said.

    Whatsapp Banner



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Top Hybrid Mutual Funds with Highest SIP Returns: Rs 20,000 monthly investment in No. 1 fund has grown to Rs 20.68 in just 5 years

    July 31, 2025

    NFO ongoing: Balancing growth and stability with Bajaj Finserv Equity Savings Fund

    July 31, 2025

    Retirement mutual funds’ AUM jumps 226% in 5 years: Here are the top 10 performers

    July 30, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Top Hybrid Mutual Funds with Highest SIP Returns: Rs 20,000 monthly investment in No. 1 fund has grown to Rs 20.68 in just 5 years

    July 31, 2025

    Qu’est-ce qu’un green bond ?

    December 7, 2017

    les cat’ bonds deviennent incontournables

    September 5, 2018

    ETF : définition et intérêt des trackers

    May 15, 2019
    Don't Miss
    Mutual Funds

    Top Hybrid Mutual Funds with Highest SIP Returns: Rs 20,000 monthly investment in No. 1 fund has grown to Rs 20.68 in just 5 years

    July 31, 2025

    Investors can put their money into the equity market using hybrid mutual funds, as these…

    NFO ongoing: Balancing growth and stability with Bajaj Finserv Equity Savings Fund

    July 31, 2025

    Clark posts over P1B in investments from Jan-July

    July 31, 2025

    You Can Now Use Your HSA/FSA Funds To Shop For Skincare At Dermstore

    July 31, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Compounding: Investing ₹1 lakh in THIS mutual fund at its launch would have grown to ₹36 lakh in 25 years

    March 7, 2025

    Charter Hall Retail REIT enregistre un bénéfice au premier semestre fiscal grâce à une hausse des recettes ; réaffirme ses prévisions pour 2025 -Le 13 février 2025 à 23:30

    February 13, 2025

    The gift and curse of leveraged ETFs

    February 11, 2025
    Our Picks

    Top Hybrid Mutual Funds with Highest SIP Returns: Rs 20,000 monthly investment in No. 1 fund has grown to Rs 20.68 in just 5 years

    July 31, 2025

    NFO ongoing: Balancing growth and stability with Bajaj Finserv Equity Savings Fund

    July 31, 2025

    Clark posts over P1B in investments from Jan-July

    July 31, 2025
    Most Popular

    ₹10,000 monthly SIP in this debt mutual fund has grown to over ₹70 lakh in 23 years

    June 13, 2025

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025

    ZIG, BUZZ, NANC, and KRUZ

    October 11, 2024
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.