Business EconomyPosted at: Apr 23 2025 3:19PM


Domestic mutual fund Industry's AAUM surges 21.32 pc on yearly basis: ICRA report

Kolkata, Apr 23 (UNI) The Average Assets Under Management (AAUM) of the domestic mutual fund industry grew by 21.32 percent on a yearly basis for the period ended March 2025.
However, on a monthly basis, it was dipped by 1.25 percent. The decline came as AAUM fell across various categories barring Gold ETFs and Other ETFs where AAUM grew 89.88 percent and 15.06 percent respectively, according to ICRA Analytics Limited report.
Contribution of growth oriented equity-oriented schemes remained the maximum at 53.72 percent followed by debt-oriented schemes and liquid schemes which contributed 15.06 percent and 13.21 percent respectively, the report said.
Growth/Equity oriented schemes contributed the most to the AAUM across the states. The contribution of equity-oriented schemes was the most in Lakshadweep which stood at 91.98 percent followed by Andhra Pradesh for which contribution of equity-oriented schemes stood at 81.50 percent.
Amongst the states, Maharashtra led with a maximum contribution of 40.64 percent followed by New Delhi, Gujarat, Karnataka and West Bengal whose respective contributions remained below 10 percent.
The top five states contributed more than 65 percent to the domestic mutual fund industry AAUM.
On a monthly basis, Sikkim witnessed the maximum growth in AAUM which stood at 5.19 percent followed by Mizoram and Nagaland which grew more than 1 percent each of the Northestern states of the country.
Gujarat and West Bengal witnessed the maximum decline over the month as AAUM fell more than 2 percent for each.
On a yearly basis, Lakshadweep witnessed the maximum growth in AAUM which stood at 71.61 percent followed by Dadra and Nagar Haveli which grew more than 50 percent. All states witnessed growth in AAUM on a yearly basis in March 2025, the minimum being that of Goa whose AAUM grew 15.51 pc YoY in March 2024.
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