Mutual Fund AUM Nears ₹75 Lakh Crore in June 2025
A Historic Surge in Retail Participation
India’s mutual fund industry is on the brink of a historic milestone. As per the latest data from the Association of Mutual Funds in India (AMFI), the total Assets Under Management (AUM) reached an impressive ₹74.79 lakh crore at the end of June 2025, showcasing the growing strength, resilience, and trust of Indian investors.
This near-₹75 lakh crore figure reflects a combination of rising Systematic Investment Plan (SIP) flows, robust equity market performance, increasing retail participation, and smart allocation by investors into hybrid and passive funds.
SIPs Power the Mutual Fund Growth Story
One of the key contributors to this record-breaking AUM was the surge in SIP inflows, which hit a record ₹27,269 crore in June 2025. This marks the first time SIP contributions have crossed the ₹27,000 crore mark, continuing their consistent upward trajectory. Notably, this also marked the 52nd consecutive month of net positive SIP inflows—highlighting growing investor confidence in long-term, disciplined investing.
The number of SIP accounts rose to 8.64 crore in June from 8.56 crore in May, indicating that more Indians are embracing systematic wealth creation through mutual funds.
Net Inflows Surge 74% Month-on-Month
Net inflows into mutual funds witnessed a sharp spike in June. Total net inflows stood at ₹49,302 crore, up 74% from ₹29,573 crore in May. This indicates renewed optimism among investors, supported by a stable economic outlook, favorable inflation data, and consistent equity market performance.
Category-Wise Breakdown: Equity, Hybrid & Debt
1. Equity Mutual Funds: Continued Leadership
Equity mutual funds remained the top-performing category, with net inflows of ₹23,587 crore, up from ₹18,917 crore in May. This took the total equity AUM to ₹32.69 lakh crore.
Key performing sub-categories:
- Flexi Cap Funds: ₹5,733 crore inflows
- Small Cap Funds: ₹4,024 crore inflows
- Mid Cap Funds: ₹3,754 crore inflows
Interestingly, ELSS (Equity Linked Saving Scheme) was the only segment in equity to witness an outflow of ₹556 crore, possibly due to tax-saving investments being front-loaded earlier in the financial year.
2. Hybrid Funds: Rising Star of the Month
Hybrid funds turned out to be the biggest surprise, clocking ₹23,429 crore in net inflows. This was the highest for this category in recent months.
Top hybrid sub-categories:
- Arbitrage Funds: ₹15,585 crore inflows
- Dynamic Asset Allocation Funds (BAF): Strong inflows amid volatility
- Multi Asset Funds: Growing popularity for diversification
This trend shows investors are becoming more mature, seeking balanced exposure to equity and debt without taking extreme risks.
3. Debt Mutual Funds: Improved Stability
Debt funds showed signs of revival with net outflows reducing sharply to ₹1,711 crore in June, compared to a massive ₹15,908 crore outflow in May.
- Outflows:
- Liquid Funds: ₹25,196 crore
- Overnight Funds: ₹8,154 crore
- Inflows:
- Short Duration Funds: ₹10,277 crore
- Money Market Funds: ₹9,484 crore
- Corporate Bond Funds: ₹7,124 crore
These numbers reflect shifting investor preferences to slightly longer-duration funds for better yield in a stable interest rate environment.
Total AUM Composition (June 2025)
| Fund Type | AUM (₹ Cr) | Share in Total AUM |
|---|---|---|
| Equity | 32.69 lakh | 43.7% |
| Debt | 17.58 lakh | 23.5% |
| Hybrid | 9.91 lakh | 13.3% |
| Passive | 12.6 lakh | 16.8% |
| Others | 2.01 lakh | 2.7% |
Source: AMFI, Cafemutual
The equity segment continues to dominate, while hybrid and passive funds are seeing steady growth, reflecting investor appetite for diversified strategies.
Industry Experts Weigh In
According to Venkat N. Chalasani, CEO of AMFI,
“The surge in mutual fund AUM is a strong reflection of rising retail interest and growing financial literacy. The SIP momentum especially signals disciplined wealth creation among investors.”
Key Takeaways
- India’s mutual fund AUM is now just ₹21,000 crore short of ₹75 lakh crore.
- SIPs crossed ₹27,000 crore, reaching new lifetime highs.
- Equity and hybrid funds saw the largest inflows, driven by mid, small cap, and arbitrage strategies.
- Debt funds showed improved sentiment with selective inflows in corporate and short-duration segments.
What Lies Ahead?
Given the current growth momentum, the mutual fund industry is set to breach the ₹75 lakh crore milestone within the coming month. This landmark achievement will not only symbolize the maturity of Indian investors but also strengthen the role of mutual funds in national financial inclusion.
As India moves forward with strong macroeconomic indicators and increasing retail penetration, mutual funds will continue to be the preferred investment vehicle for millions.
Also Read: MF AUM nears Rs.75 lakh crore