According to a recent Crisil Research report, in the December 2015 quarter, average assets under management (AAUM) grew 21% to Rs.13.39 trillion as compared to the same quarter last year. Aggregate net inflows across categories increased three-fold in 2015 to Rs.199.61 trillion (till November) fromRs.65.12 trillion in 2014.
The top 10 Mutual fund houses in India have managed to their increase market share marginally from 79% to 80%. New folios with systematic investment plan (SIP) grew 63%. There was a 40% growth in the SIP book over the previous year. New SIP registrations witnessed a 60% increase.
However mutual funds dealing with gold and realty did not do well in year 2015. Strong participation from retail investors and a steady inflow in equity schemes helped the mutual fund industry's asset base soar by 21.1 per cent to Rs 13.4 lakh crore in 2015.