Mutual fund growth holds ground in Q2 as inflows defy market weakness

Average AUM growth in Q2 holds at 7% to cross ₹77 trillion

The domestic mutual fund (MF) industry continued to expand its asset base during the July–September quarter of 2025–26 (Q2), driven by a resurgence in equity fund flows and a higher pace of investments in debt and hybrid schemes.

 

Industry-managed assets stood at ₹77.1 trillion in Q2, up nearly 7 per cent from ₹72.1 trillion in the previous quarter (April–June/Q1).

 

The pace of growth in quarterly average assets under management (AUM) in Q2 remained on a par with the previous quarter, despite a relatively subdued equity market. The benchmark NSE Nifty 50 index ended the quarter down 3.6 per cent, compared