365Telugu.com online news,November 12,2024: The Net AUM (Assets Under Management) of the Mutual Fund industry stands at ₹67,25,614.61 crores for October 2024, a slight increase from ₹67,09,259.24 crores in September 2024.
- The AAUM (Average AUM) for October 2024 is ₹68,50,321.44 crores, compared to ₹68,00,485.75 crores in September 2024.
- Mutual Fund Folios reached an all-time high of 21,65,02,804 in October 2024.
- Retail MF Folios (covering Equity, Hybrid, and Solution Oriented Schemes) also hit a new record at 17,23,52,296 in October 2024, up from 16,81,61,366 in September 2024.
- Retail AUM for Equity, Hybrid, and Solution Oriented Schemes stood at ₹39,18,611 crores in October 2024, compared to ₹40,44,098 crores in September 2024.
- The industry has seen its 44th consecutive month of positive equity inflows since March 2021.
- Inflows into Growth/Equity-Oriented Schemes amounted to ₹41,886.69 crores in October 2024.
- A total of 63,69,919 new SIPs (Systematic Investment Plans) were registered in October 2024.
- The SIP AUM for October 2024 reached ₹13,30,429.83 crores.
- SIP Contributions hit an all-time high of ₹25,322.74 crores in October 2024, up from ₹24,508.73 crores in September 2024.
- The number of SIP accounts also reached an all-time high of 10,12,34,212 in October 2024, compared to 9,87,44,171 in September 2024.
- 29 new open-ended schemes were launched in October 2024, raising a total of ₹6,078 crores.
This data reflects the continued growth and strength of India’s mutual fund industry, with rising investor participation, particularly through SIPs, and increasing AUM across various schemes.