The overall average AUM of the 49-member mutual fund industry has increased 7% in June quarter to ₹72.13 lakh crore against ₹67.42 lakh crore in the March quarter.
Nippon India Mutual Fund was the only fund house among the top-15 to register a double digit growth in average asset under management in the June quarter despite a volatile stock market.
Ranked fourth in the pegging order, the fund house’s average AUM increased 10 per cent in the June quarter to ₹6.12 lakh crore against ₹5.57 lakh crore logged in March quarter, according to the Association of Mutual Funds in India data. Invesco MF registered a growth of 9 per cent to ₹1.16 lakh crore (₹1.06 lakh crore) in the June quarter.
Among the top-three fund houses, SBI MF topped the table with a growth of 6 per cent at ₹11.40 lakh crore (₹10.73 lakh crore) while ICICI MF and HDFC MF logged a rise of 7 per cent each at ₹9.44 lakh crore (₹8.79 lakh crore) and ₹8.29 lakh crore (₹7.74 lakh crore).
Kotak Mahindra MF and Aditya Birla Sun Life MF, which was ranked fifth and sixth, recorded an increase of 8 per cent and 6 per cent in average AUM in June quarter to ₹5.19 lakh crore (₹4.82 lakh crore) and ₹4.03 lakh crore (₹3.82 lakh crore).
The overall average AUM of the 49-member mutual fund industry has increased seven per cent in June quarter to ₹72.13 lakh crore against ₹67.42 lakh crore in the March quarter.
The benchmark Sensex logged an increase of 8 per cent to 83,606 points in June against 77,414 points in March largely due to strong inflow into the MF industry.
Overall net inflows into the MF industry jumped multi-fold to ₹3.55 lakh crore in June quarter against ₹63,180 crore in the March quarter. The inflows in debt funds alone accounted for ₹2.01 lakh crore in the June quarter as banks have been cutting deposit rates.
Viraj Gandhi, CEO, Samco MF, said the mutual fund industry continues its steady march toward the milestone of ₹100 lakh crore in assets under management with retail investors playing a significant role through Systematic Investment Plans.
There is strong confidence among retail investors, as seen through the sustained SIP flows and this trend is not only healthy for the MF industry but also for the broader markets, he said.
Notably, inflows in small-cap and mid-cap funds continue to outpace those in the large-cap segment, underscoring investor conviction in these growth-oriented categories, he added.
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Published on August 9, 2025