India’s mutual fund industry continued its steady growth in September 2025, with total net assets under management (AUM) climbing to ₹75,61,309.29 crore, up from ₹75,18,702.50 crore in August, according to data released by the Association of Mutual Funds in India (AMFI).
The average AUM (AAUM) for the month stood higher at ₹77,77,801.70 crore, reflecting strong investor participation across categories despite short-term liquidity movements linked to advance tax outflows.
Retail Participation at Record High
The total number of mutual fund folios crossed the 25 crore mark, reaching 25,19,23,162 as of September 2025 — an addition of over 30 lakh new folios during the month. Retail investor engagement continued to grow, with retail mutual fund folios (Equity + Hybrid + Solution Oriented Schemes) rising to 19,80,54,156 from 19,64,01,310 in August.
Retail investors’ assets stood at ₹44,61,239 crore for September, underscoring the continued confidence of individual investors in long-term wealth creation through mutual funds.
Equity Inflows Continue Unbroken Streak
Equity-oriented schemes recorded ₹30,421.69 crore in net inflows during September, marking the 55th consecutive month of positive equity inflows — a streak that began in March 2021.
SIP Momentum Hits New Milestones
Systematic Investment Plans (SIPs) remained the preferred route for retail investors.
- SIP AUM: ₹15,52,303 crore (20.2% of total industry AUM)
- Monthly SIP Contribution: ₹29,360.66 crore — a new all-time high
- Active SIP Accounts: 9.25 crore (9,25,21,155 accounts)
These figures highlight the growing adoption of disciplined, long-term investing habits among retail investors.
New Fund Launches
The industry saw nine new open-ended schemes launched in September 2025, collectively mobilizing ₹1,959 crore across various categories.
AMFI Statement
Commenting on the data, Mr. Venkat N Chalasani, Chief Executive, AMFI, said:
“The mutual fund industry 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.
The addition of over 30 lakh new folios, taking the total to 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.”
In summary:
- Total AUM: ₹75.61 lakh crore
- AAUM: ₹77.78 lakh crore
- Total Folios: 25.19 crore
- Retail AUM: ₹44.61 lakh crore
- Equity Inflows: ₹30,422 crore
- SIP AUM: ₹15.52 lakh crore
- SIP Inflows: ₹29,361 crore
The mutual fund industry’s consistent growth reflects sustained retail trust, rising SIP participation, and a deepening investment culture across India.
