Now Reading: Mutual fund AUM reaches Rs 85.76 lakh crore, overseas funds lead returns
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Mutual fund AUM reaches Rs 85.76 lakh crore, overseas funds lead returns
Mutual fund AUM reaches Rs 85.76 lakh crore, overseas funds lead returns
India’s mutual fund industry reached Rs 85.76 lakh crore in July 2026, up Rs 9.65 lakh crore from a year earlier, LiveMint reports, citing Association of Mutual Funds in India data. Equity…
The Story in Brief
India’s mutual fund industry reached Rs 85.76 lakh crore in July 2026, up Rs 9.65 lakh crore from a year earlier, LiveMint reports, citing Association of Mutual Funds in India data. Equity fund AUM rose 227% in five years to Rs 38.36 lakh crore, while equity-oriented schemes recorded their 65th straight month of inflows. Small-cap and flexi-cap funds together held Rs 10.29 lakh crore. Debt funds attracted Rs 1.88 lakh crore in July, and gold ETF AUM more than doubled to Rs 1.73 lakh crore.
The Economic Times found that 12 equity funds returned more than 40% between August 15, 2025 and August 13, 2026. Nippon India Taiwan Equity Fund led with 140.91%, followed by overseas and thematic funds. TRUSTMF Small Cap Fund was the first diversified equity fund on the list, returning 31.98%. Returns were not universal. ICICI Prudential FMCG Fund lost 11.68%, while Parag Parikh Flexi Cap Fund fell 1.09%.
The Indian Opinion
The easy story is that mutual funds are now a guaranteed route to wealth, while the opposing alarm says retail investors are simply chasing fashionable themes. Both claims are lazy. The strongest returns came mainly from overseas, sectoral and thematic funds, not broad domestic portfolios, and several schemes lost money. A sensible test is whether future returns remain strong after fees and across a full market cycle, not just one year.
Sources (2): economictimes.indiatimes.com, livemint.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
