The latest AMFI data shows that individual investors hold 53.4% of total industry assets while institutional investors hold 46.6% as of December 2019. Individual investors include retail investors and high net worth individuals.
However, further analysis shows that institutional investors grew at a faster pace than individual investors did as their AUM increased by 13.80% as against 12.64% of individual investors.
In terms of weightage, 69% of equity AUM is contributed by individual investors, followed by debt (24%), liquid/money market (6%) and ETFs, FoFs (1%). Contrary to individual investor, institutional investors account for 41% of liquid/money market AUM followed by debt (34%), equity (13%) and ETF, FoFs (12%).
Further analysis of AUM shows that of the total MF AUM, 44% of the assets came through direct plans while the rest came from distributors in December 2019. A large proportion of direct investments were in non-equity oriented schemes where institutional investors dominate.
Moreover, 16% of the total industry assets came from B30 cities in December 2019. About 65% of B30 cities assets were equities.
