New Delhi: According to the data released by, the Average Assets Under Management (AUM) and Net AUM for the Indian Mutual Fund Industry have touched a record high of Rs 38.21 lakh crore and Rs 37.33 lakh crore, respectively, as of October 31, 2021. Association of Mutual Funds in India (AMFI).
Fund of Funds, Index Funds and ETFs also reported positive inflows and collectively reported positive inflows of Rs 10,758.85 crore as on October 31, 2021.
“Net positive inflows during October 2021 across all categories of open-ended mutual fund schemes, be it debt, equity, hybrid, solution-oriented, or index, FOF or ETF as well as SIP inflows along with sustained jump in SIP inflows to historical high levels has reached. NS Venkatesh, Chief Executive, AMFI said, “Overall the Indian MF industry AAUM is at an all-time high of Rs 38.21 lakh crore.
“It is heartening to see that investors stick to making mature choices by choosing schemes that offer a judicious mix of debt and equity through Balanced Advantage schemes, flexi-cap schemes, and for their own right. Mutual funds are chosen as an investment for long term financial planning. Retirement and welfare of children. This is quite evident from the monthly SIP contribution consolidating at a record high of Rs 10,518. 53 crores,” Venkatesh said.
Mutual fund AAUM in equity and growth-oriented schemes as well as hybrid oriented schemes has increased by almost one-third during April 2021 to October 2021, to Rs 13.12 lakh crore and Rs 4.76 lakh crore, respectively, as of October 31, 2021. Rs 9.80 lakh crore and Rs 3.57 lakh crore respectively as on April 30, 2021.
While the monthly SIP contribution collection touched an all-time high at Rs 10,518.53 crore, the SIP AUM crossed Rs 5.5 lakh crore to Rs 10,518.53 crore. The number of SIP accounts and retail AUM also touched an all-time high of Rs 4,64,30,598 and Rs 18,01,588 crore respectively.
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