From UTI’s maiden scheme to Rs 69.5 lakh-crore industry, a quick take on India’s 6-decade-long mutual funds history
The mutual fund industry in India has grown over six times in the last 10 years. Its assets under management (AUM) have jumped from Rs 10.83 lakh crore in March 2015 to Rs 69.5 lakh crore in April 2025, according to information available on the Association of Mutual Funds in India (AMFI) portal. This boom…