INDIAN MUTUAL FUND INDUSTRY AT A GLANCE IN 2021 - 2022
As a result of COVID-19 lockdowns, the Indian mutual fund industry's SIP (Systematic Investment Plan) collections fell by 4% to INR 96,000 crore in FY 2020-2021.
Year 2021 has been an interesting year for mutual funds in India though . SIPs and equity fund flows touched record levels . The overall assets under management (AUM) of the Indian mutual fund segment has grown from Rs30.96 trillion to Rs37.92 trillion in 2021.
Assets of the Mutual Fund IndustryThe Assets Under Management (AUM) of the Indian Mutual Fund Industry as on June 30, 2022 stood at ₹ 35,64,090 crore.
The AUM of the Indian MF Industry has grown from ₹ 6.89 trillion as on June 30, 2012 to ₹35.64 trillion as on June 30, 2022, which is more than a 5 fold increase in a span of 10 years.
The mutual fund industry has crossed a milestone of 10 crore folios during the month of May 2021.
The total number of accounts or folios as on June 30, 2022 stood at 13.47 crore (134.7 million).
Major MF Players• The biggest player in the Indian Mutual Fund Industry is State Bank of India MF with a 23.7 percent
growth in AUM to Rs 6.47 trillion.
• Ranked No. 2, ICICI Prudential MF saw its AUM increase 11.8 per cent to Rs 4.65 trillion.
• The AUM of HDFC MF, the largest listed MF slipped marginally to Rs 4.15 trillion in the past year.
• Kotak MF moved to fourth place, with average AUM growth of 14.6 per cent to Rs 2.82 trillion.
• Aditya Birla Sun Life MF, clocked in just 2.2 per cent growth in AUM in the current fiscal.
