Summary:

According to AMFI, the mutual fund sector in India saw a 39.59% increase in assets, reaching US$ 798.15 billion (Rs. 68,05,000 crore) by November 2024, up from US$ 571.78 billion (Rs. 48,75,000 crore) in November 2023. This growth was mainly driven by retail investors, particularly in equity schemes. Contributions through Systematic Investment Plans (SIPs) increased by 48%, from $2 billion to $2.97 billion.

Equity-oriented schemes accounted for 59.7% of total assets in 2024, up from 54.9% in 2023. Conversely, debt-oriented schemes declined to 14.8%. Individual investors own 88% of equity scheme assets, while institutional investors dominate liquid, money market, and debt-oriented schemes. 205 New Fund Offers (NFOs) raised $11.73 billion, reflecting growing investor interest. Individual investor assets increased by 43.47% to $485.57 billion, while institutional assets rose by 33.97% to $312.46 billion.

Source: IBEF

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