Indian Mutual Fund: The folio count increased to 22.50 crore

 

By Mr. Yaseen Sahar, Financial Expert

Indian Mutual Fund: The folio count increased  to 22.50 crore 

The latest Indian mutual fund (MF) industry data shows that the MF industry has added over 7.65 lakh unique investors in December 2024. With this, the number of unique investors has reached 5.26 crore in December 2024 from 5.18 crore in November 2024. 

The folio count of the industry has also increased from 22.08 crore to 22.50 crore, showing an increase of 42 lakh. 

Here are other key highlights of December 2024:

AUM Rs. 69.33 lakh crore

Average AUM of the industry has increased by 2% in December, from Rs. 68.04 lakh crore to Rs. 69.33 lakh crore.

The industry has seen net outflows of about Rs. 80,400 crore during the month mostly due to quarter end redemptions in liquid funds by corporates are part of their tax planning.

The number of folios in T30 cities has increased from 11.66 crore to 11.83 crore in December, recording a 1.4% increase.

In B30 cities, the folio count has increased from 10.42 crore to 10.67 crore in December.

B30 AUM, on the other hand, has increased marginally from Rs. 12.79 lakh crore in November to Rs. 12.81 lakh crore in December 

 

Average AUM per folio

The average AUM per folio in T30 cities has reduced by about 2% from Rs. 2.70 lakh in November to Rs. 2.65 lakh in December.

The average AUM per folio in B30 cities has decreased from Rs. 1.05 lakh in November to Rs. 1.03 lakh in December, a decrease of almost 2%.

The combined average AUM per folio (T30+B30) in retail segment has also reduced by about 2% from Rs. 1.92 lakh in November to Rs. 1.88 lakh in December.

The average AUM per folio of the entire industry, by taking both retail and corporate investors has reduced from Rs. 3.08 lakh in November to Rs. 2.97 lakh in December, a decline of 3.7%

SIP accounts & AUM

The total number of outstanding SIP accounts of the industry have increased from 10.23 crore to 10.32 crore during December

The month has seen registration of 54.27 lakh new SIPs.

SIP AUM of the industry has recorded an increase from Rs. 13.54 lakh crore to Rs. 13.63 lakh crore in the month of December, 2024

Monthly SIP contribution has also shown an increase from Rs. 25,320 crore in November to Rs. 26,459 crore in December, 2024.

ARN registration & renewals..!

The MF industry has seen 5,385 new ARN registrations. Of this, 2605 registrations have come from Individuals while corporate employees account for 2,579 of them

The industry has seen 6,358 ARN renewals out of which 4,441 belong to individuals corporate employees have contributed 1,735 renewals while corporates account for 177 renewals.

Mr. Yaseen Sahar has been reached at rahas84@gmail.com and 98433 13512

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The past performance of the mutual funds is not necessarily indicative of future performance of the schemes.