Indian Mutual Fund AUM Seen Crossing ₹300 Trillion by 2035 as Retail Participation Deepens: ICRA Analytics
India’s mutual fund industry is entering a phase of structural expansion, with assets under management (AUM) projected to cross Rs 300 trillion by 2035, driven by rising digital adoption, widening retail participation and a sustained shift toward long-term investing through systematic investment plans (SIPs), according to ICRA Analytics.
The industry closed November 2025 with an AUM of Rs 81 trillion,