Kolkata, Dec. 23 -- The Indian mutual fund industry recorded robust growth in 2025, with assets under management (AUM) rising to Rs 81 trillion in November 2025 from Rs 68 trillion in November 2024, registering a year-on-year growth of 18.69 per cent.

The industry has nearly tripled its AUM over the past five years, posting a CAGR of 21.91 per cent.

According to ICRA Analytics, sustained net inflows, strong market performance, and increasing retail participation, driven by digitisation and the financialisation of savings, have contributed to the steady expansion of the industry.

As of May 2025, the industry's AUM had crossed the Rs 70 trillion mark and surpassed Rs 80 trillion within the next six months, despite global uncertainties.

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