The Times of India News

Mutual fund industry performance: AUM hits Rs 80.8 lakh crore in November; SIP flows surge, investor base widens

India's mutual fund industry achieved a record Rs 80.80 lakh crore in assets under management, driven by a 16% surge in monthly SIP flows to Rs 29,445 crore. Equity funds dominate AUM, and passive investments are growing, indicating a structural shift. The investor base is expanding beyond metros, with smaller cities contributing significantly to AUM.