Mumbai, June 10 -- The Indian mutual fund industry continued its upward trajectory in May 2025, reaching a new high of Rs 72.19 lakh crore in net assets under management (AUM), according to data from the Association of Mutual Funds of India (AMFI). This marks a 3% rise compared to Rs 69.99 lakh crore at the end of April.

Open-ended schemes saw their AUM climb to Rs 71.93 lakh crore in May 2025, up from Rs 69.73 lakh crore in April 2025. Equity schemes within this category continued to attract investors, with net inflows adding up to Rs 19,013.12 crore.

Within equity, Flexi Cap Fund drew the most significant inflows in May, attracting Rs 3,841.32 crore. Small Cap Funds followed suit with Rs 3,214.21 crore, while equity linked saving sche...