For the year 2019 there was an yearly rise in the industry AUM (Assets Under Management). Mutual funds have added a whopping ₹3.15 lakh crore to their asset base in 2019 on the back of robust inflows in debt schemes and measures taken by regulator SEBI for boosting investor confidence.
In terms of asset size, HDFC MF continued to lead the pack with an AUM of ₹3,82,517 cr (excluding fund of funds) at the end of Dec 2019.
The AUM growth seen by the 44-member mutual fund industry in 2019 is significantly higher than 7.5 per cent witnessed in 2018. However, the growth was much more higher at 32 per cent in 2017, when the asset base expanded by over ₹5.4 lakh crore.
Assets Under Management (AUM) of Indian Mutual Fund Industry as on May 31, 2020 stood at ₹24,54,758 crore.
The AUM of the Indian MF Industry has grown from ₹ 7.43 trillion as on May 31, 2010 to ₹24.55 trillion as on May 31, 2020 more than 3 fold increase in a span of 10 years.
The MF Industry’s AUM has grown from ₹ 12.04 trillion as on May 31, 2015 to ₹24.55 trillion as on May 31, 2020, more than 2 fold increase in a span of 5 years.
The total number of accounts or folios as on May 31, 2020 stood at 9.10 crore (91 million), while the number of folios under Equity, Hybrid and Solution Oriented Schemes, wherein the maximum investment is from retail segment stood at about 8.03 crore (80.3 million).