Equity mutual funds in India sustain double-digit gains with top schemes topping 15% YTD returns

Indian mutual funds extended their performance streak with top equity schemes generating over 15% returns in the first nine months of FY25. ICICI Prudential Focused Equity Fund led with 16.59%, followed by Kotak Focused Fund at 15.81%. Strong SIP inflows of ₹19,200 crore in September lifted AUM to ₹26.7 trillion. Fund managers pointed to consistent corporate earnings, consumer demand, and pre-budget optimism. Analysts expect continued retail inflows though valuation risks remain elevated as investors rotate towards infra and consumption-oriented sectors for the next quarter.