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3 days agoTop 5 states account for over 67% of India’s mutual-fund AUM; Maharashtra leads
According to an ICRA Analytics report released today, the top five Indian states contribute over 67 % of the current mutual-fund assets under management (AUM). Maharashtra tops the list, with the city of Mumbai alone holding around ₹20.5 lakh crore of the total industry AUM of roughly ₹75.6 lakh crore as of September 2025. The data highlight strong metro-city dominance in mutual-fund assets, with tier-2 investor participation remaining limited though gradually rising.
neutral-positive
3 days agoTop 5 states account for over 67% of India’s mutual-fund AUM; Maharashtra leads
According to an ICRA Analytics report released today, the top five Indian states contribute over 67 % of the current mutual-fund assets under management (AUM). Maharashtra tops the list, with the city of Mumbai alone holding around ₹20.5 lakh crore of the total industry AUM of roughly ₹75.6 lakh crore as of September 2025. The data highlight strong metro-city dominance in mutual-fund assets, with tier-2 investor participation remaining limited though gradually rising.
neutral-positive
Top 5 states account for over 67% of India’s mutual-fund AUM; Maharashtra leads
3 days ago
1 min read
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Five states hold 67%+ of India’s mutual-fund AUM; Maharashtra leads with ₹20.5 lakh crore, showing metro dominance in investor flows.
According to an ICRA Analytics report released today, the top five Indian states contribute over 67 % of the current mutual-fund assets under management (AUM). Maharashtra tops the list, with the city of Mumbai alone holding around ₹20.5 lakh crore of the total industry AUM of roughly ₹75.6 lakh crore as of September 2025. The data highlight strong metro-city dominance in mutual-fund assets, with tier-2 investor participation remaining limited though gradually rising.
According to an ICRA Analytics report released today, the top five Indian states contribute over 67 % of the current mutual-fund assets under management (AUM). Maharashtra tops the list, with the city of Mumbai alone holding around ₹20.5 lakh crore of the total industry AUM of roughly ₹75.6 lakh crore as of September 2025. The data highlight strong metro-city dominance in mutual-fund assets, with tier-2 investor participation remaining limited though gradually rising.
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mutual_funds
India
mutual_funds
India
AUM
industry data
Oct 27, 2025 • 09:56 IST