MF assets of retail investors exceed Rs20 trillion for the first time

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For the first time, in August, assets under management (AUM) of retail investors who were invested via mutual funds (MF) exceeded 20 trillion rupees.

Additionally, more than 50% of MF sector assets are now held by retail investors. The average retail AUM through August was 20 trillion rupees, or 50.6% of the industry AUM of 39.5 trillion rupees.

Less than 40% of the sector’s assets under management consisted of retail assets in April 2020, following the outbreak of COVID-19 in the country. Since then, during a stock market boom, there has been a steady increase in retail flows to MF devices.

The Sahi Hai mutual fund awareness campaign launched by AMFI has also attracted many new investors into the fold of MFs. While the assets of the sector as a whole have increased by 68% since April 2020, the assets of individual investors have increased by a factor of 2.2. Nowadays, MF investments outnumber direct investments among regular investors.

The value of stakes held by retail investors at the end of June quarter 2022 was Rs 17.58 trillion. For reference, the average retail AUM for June was Rs 18.1 trillion.

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