According to data from the Association of Mutual Funds in India (AMFI), the mutual fund industry in India had consistent growth in FY26, with total assets under management (AUM) increasing 12.2% to ₹73.73 lakh crore ($790.07 billion). Despite market volatility, the industry added around ₹8 lakh crore during the year thanks to steady retail inflows.
With inflows into actively managed schemes hitting ₹40,450 crore in March 2026—the biggest since July 2025—equity mutual funds continued to be a major driver. Contributions to the Systematic Investment Plan (SIP) also reached a record ₹32,087 crore, demonstrating consistent investor trust and rigorous involvement.
However, substantial outflows from debt mutual funds, totaling ₹2.94 lakh crore, caused overall net flows to turn negative in March. As a result, the month’s net outflows came to ₹2.39 lakh crore. Inflows into gold ETFs also decreased from February levels.
Global geopolitical worries, foreign institutional investor (FII) selling, and market corrections all contribute to the slower AUM growth than in prior years. In spite of this, the sustained strength of SIP inflows shows how resilient and mature India’s retail investment environment is becoming.
Source – IBEF
