Equity mutual fund AUM touches all-time high in July: NSE

Equity mutual fund assets in India reached an all-time high of ₹48.5 lakh crore in July, accounting for 56 per cent of the industry's overall Average Assets Under Management (AAUM), according to the NSE Market Pulse report for August. Active equity schemes experienced a 13.3 per cent year-on-year growth, making up nearly 78 per cent of total equity AUM and 44 per cent of the overall mutual fund industry AAUM.

Within open-ended equity schemes, flexi-cap funds held the largest share of assets at 15.6 per cent, followed by thematic funds at 14.6 per cent, mid-cap funds at 13.6 per cent, and small-cap funds at 11.5 per cent. The report also highlighted continued investor participation through systematic investment plans (SIPs), with monthly SIP contributions standing at ₹31,961 crore in July, remaining above ₹30,000 crore for the fifth consecutive month.

Brief written by urgent.news from Hindu BusinessLine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.