November 07, 2016


Indian Mutual Fund industry’s Avg. Assets Under Management (AAUM) crosses Rs.16.8 Lakh Crore (INR 16.8 Trillion) – an all time high!

Average Assets Under Management (AAUM) of Indian Mutual Fund Industry for the month of October 2016 has crossed Rs. 16.8 lakh crore, while the Assets Under Management (AUM) as on October 31, 2016 has crossed a landmark of Rs. 16 Lakh crore and stood at Rs.16.30 lakh crore…the highest ever AAUM/ AUM, so far.
The AUM of the Indian MF Industry has grown from Rs. 3.26 trillion as on 31st March 2007 to Rs. 16.30 trillion as on 31st October, 2016, which is the highest AUM ever … a five-fold increase in a span of less than 10 years !!
The MF Industry’s AUM has more doubled in the last 4 years from Rs 5.87 trillion as on 31st March, 2012 to Rs. 12.33 trillion as on 31st March, 2016
The Industry’s AUM had crossed the milestone of Rs10 Trillion (Rs.10 Lakh Crore) for the first time in May 2014 and in a short span of two years the AUM size has crossed Rs.15 lakh crore last month.
The total number of accounts (or folios as per mutual fund parlance) as on October 31, 2016 stood at 5.13 crore (51 million), while the number of folios under Equity, ELSS and Balanced schemes, wherein the maximum investment is from retail segment stood at 4.1 crore (41 million).
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