Passive Investing Booms: Mutual Funds cross Rs 10 lakh crore AUM
The study reveals that passive funds AUM has grown to Rs 10.2 lakh crore with 17% of total market share. The AUM of active funds stands at Rs 50.9 lakh crore as of June 2024.
The equities take away the majority of the share with 59.75% of total AUM, followed by 26.95% in debt, 8.85% in hybrid and 4.44% in others.
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“The rise of AUM in India’s asset management industry reflects the country’s dynamic and rapidly evolving financial landscape. As more investors enter the market, the industry is poised for sustained growth. For asset managers, the challenge will be to innovate and adapt to the changing needs of investors, ensuring that they remain relevant in a competitive market. They need to stay agile, informed, and ready to embrace the opportunities and challenges that lie ahead,” said Prateek Agrawal, MD and CEO, Motilal Oswal Asset Management Company.
“The financial markets are constantly evolving, and staying informed about where the money is flowing is essential for making sound investment choices. The latest «Where the Money Flows» report from June 2024 offers a deep dive into the current trends driving these movements, shedding light across categories attracting most interest from investors,” said Pratik Oswal, Chief of Business Passive Funds, Motilal Oswal Asset Management Company.
According to the study, active debt funds experienced net inflows of approximately Rs 1.63 lakh crore in Q1FY25 — highest
