In March 2025, the assets under management (AUM) of the mutual fund sector in India reached the Rs 70 trillion milestone, representing a YoY growth of 22.25%.
In April 2025, the AUM of open-ended “other schemes” grew by the highest YoY rate of 23.80%. Open-ended equity schemes and hybrid schemes came in second and third, respectively, at 23.57% and 20.74 percent. The Association of Mutual Funds in India (AMFI) reports that “other schemes” include index funds, ETFs, and FoF investments abroad.
AUM of sectoral/thematic funds saw the largest YoY growth in the equities category, rising 49.94%, followed by multi-cap funds, which grew 35.79%. The long duration scheme category’s AUM increased 58.14% year over year in the debt segment, followed by the money market (44.79%) and very short duration (32.78%) categories.
As of April 2025, the number of folios increased 30.21% year over year. The main driver of this expansion was “other schemes,” whose folios jumped 45.94% while equity schemes’ rose 31.39%. Over the course of the year, the number of folios for debt-oriented schemes decreased by 1.15 percent.
Investors were on edge due to the reciprocal tariffs set by the U.S. President and the geopolitical tensions between India and Pakistan after the Pahalgam terror attack. According to the announcement, domestic mutual fund investors, however, remained stable and showed confidence.
Inflows into equity mutual funds totaled Rs 24,269.26 crore, according to data from AMFI. Despite being a 12-month low, this indicates that investors are cautious in the face of market instability.Additionally, it was the 50th consecutive month since March 2021 that the equities segment saw positive inflows, demonstrating the increasing maturity and discipline of investors.
