Average Assets Under Management (AAUM) of Indian Mutual Fund Industry for the month of October 2024 stood at ₹ 68,50,321 crore. 

Assets Under Management (AUM) of Indian Mutual Fund Industry as on October 31, 2024 stood at ₹ 67,25,615 crore. 

The AUM of the Indian MF Industry has grown from ₹10.96 trillion as on October 31, 2014 to ₹67.26 trillion as on October 31, 2024 more than 6 fold increase in a span of 10 years. 

The MF Industry’s AUM has grown from ₹ 26.33 trillion as on October 31, 2019 to ₹67.26 trillion as on October 31, 2024, more than 2 fold increase in a span of 5 years. 

The Industry’s AUM had crossed the milestone of ₹10 Trillion (₹10 Lakh Crore) for the first time in May 2014 and in a short span of about three years, the AUM size had increased more than two folds and crossed ₹ 20 trillion (₹20 Lakh Crore) for the first time in August 2017. The AUM size crossed ₹ 30 trillion (₹30 Lakh Crore) for the first time in November 2020. The Industry AUM stood at ₹67.26 Trillion (₹ 67.26 Lakh Crore) as on October 31, 2024. 

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 per mutual fund parlance) as on October 31, 2024 stood at 21.65 crore (216.5 million), while the number of folios under Equity, Hybrid and Solution Oriented Schemes, wherein the maximum investment is from retail segment stood at about 17.24 crore (172.4 million).