New Delhi, March 12 -- The mutual fund industry's net assets under management (AUM) dropped by 4 percent to Rs 64.5 lakh crore in February from Rs 67.3 lakh crore in January, according to data by the Association of Mutual Funds in India (AMFI).

Amid the stock market sell-off, the mutual fund industry in India had a tough February, with a decline of around Rs 3 lakh crore in overall assets under management (AUM).

However, according to AMFI data, retail investors continued to invest in mutual funds (MFs) through a Systematic Investment Plan (SIP). SIP inflows declined only marginally to Rs 25,999 cr in February from Rs 26,400 cr in January 2025.

But overall investments in equity funds were significantly lower as compared to January. The ...