The Indian mutual fund industry closed December 2025 on a strong note, with record Systematic Investment Plan (SIP) inflows and steady investor participation, even as overall assets edged slightly lower month-on-month.
According to AMFI’s monthly data, the industry’s net Assets Under Management (AUM) stood at ₹80.23 lakh crore in December, marginally lower than ₹80.80 lakh crore in November. Average AUM (AAUM), however, remained robust at ₹81.99 lakh crore, reflecting sustained investment momentum through the month.
Investor participation continued to deepen. Total mutual fund folios rose to 26.12 crore in December, with 26.40 lakh net new folios added during the month. This marked a clear jump from 25.86 crore folios recorded in November.
Retail investors remained the backbone of industry growth. Retail mutual fund folios across equity, hybrid, and solution-oriented schemes climbed to 20.28 crore in December, up from 20.16 crore a month earlier. Retail AUM in these categories stood at ₹47.36 lakh crore, underlining the growing share of long-term household savings in market-linked products.
Equity inflows stayed positive for the 58th consecutive month, a streak that began in March 2021, highlighting continued confidence despite market volatility.
SIPs once again stole the spotlight. SIP assets reached ₹16.63 lakh crore in December, accounting for 20.7 percent of total mutual fund assets. Monthly SIP contributions hit an all-time high of ₹31,001.67 crore, while the number of contributing SIP accounts surged to 9.79 crore. The data reinforces the shift toward disciplined, long-term investing among Indian households.
Product activity also remained healthy. A total of 29 open-ended schemes were launched during December across categories, collectively mobilising ₹5,773 crore.
In the Specialized Investment Fund (SIF) segment, assets stood at ₹4,892 crore at the end of December. The category recorded inflows of ₹1,933 crore during the month, with hybrid strategies leading the way by attracting ₹1,571 crore.
Overall, December’s data points to a mutual fund industry driven by steady retail participation and record SIP flows, providing stability even as headline AUM numbers show minor monthly fluctuations.
Commenting on AMFI data Chief executives AMFI Mr. Venkat Chalasani said:
“As of December 2025, the Indian mutual fund industry’s AUM stood at ₹ 80.23 lakh crore. The moderation was primarily driven by debt fund outflows for liquidity management and limited market-related valuation changes. SIP monthly contributions have touched an all-time high of over ₹31,000 crore, taking SIP assets to ₹16.63 lakh crore.
On a year-on-year basis, industry AUM grew by 19.9%, reflecting increased participation and continued adoption of mutual funds across investor segments.”
