Kolkata, Aug. 20 -- The Indian mutual fund industry experienced a surge in inflows in July 2025, setting multiple records across investment categories, according to ICRA Analytics.
The growth of India's mutual fund industry in July 2025 was driven by a combination of structural, economic, and behavioral factors. A major contributor was the surge in investor confidence, particularly in equity markets, where risk appetite returned strongly.
This was evident in record inflows into sectoral/thematic, flexi cap, small-cap, and mid-cap funds, reflecting a renewed interest in alpha-generating opportunities.
Additionally, the MF industry benefited from increased participation from smaller cities,thanks to growing financial literacy and the wides...