How big are mutual funds in India

By Vivek Dubey

CNBC-TV18.com

Published Apr 23, 2024

Mutual funds in India

Comparatively, Indians have over ₹200 lakh crore in fixed deposits

Total investors: 44.6 million (less than 10% of population) Assets under management: ₹55 lakh crore FY24 growth in assets: 35%

Share of total assets:

Mumbai & Delhi: 40% Next top 13 cities: 25% Beyond top 15 cities: 35%

Mutual fund assets under management

Top 30 cities: 17% 30 small cities: 21%

*Dec 2018 to March 2024 compounded annual growth rate

Equity exposure:

All India: 61% Top 30 cities: 52% of assets 30 small cities: 84% of assets 27% of the money goes in as SIP

Share off passive investments has gone up from 5.8% in April 2019 to 17.5% in March 2024.

Passive investments in mutual funds

How Indians invest in mutual funds

Direct investments: 45% Via distributors: 55%

Maharashtra contributes the highest towards mutual fund assets at around 41%.

UP and MP clocked the highest growth (over 40%) in mutual fund investments in FY24.

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