US money market funds recorded strong inflows ahead of the Federal Reserve’s rate decision, while equity mutual funds witnessed outflows in the week ended December 3. JP Morgan announced plans to convert $4.6 billion worth of US mutual fund assets into exchange-traded funds by 2026, citing improved trading flexibility and potential tax efficiency benefits for investors in a shifting global investment landscape.

India’s mutual fund industry is projected to cross ₹300 lakh crore in AUM by FY2035, up from ₹41 lakh crore currently, driven by sustained SIP inflows and wider investor participation. Long-term holdings beyond five years have doubled to 16% of total AUM. Equity inflows remained resilient with flexicap schemes alone receiving ₹8,929 crore, reflecting continued retail confidence despite interim market volatility.